Which of the following among the most expensive city for expats?
Correct answer: B. Hong Kong
- A. Mumbai
- B. Hong Kong
- C. Paris
- D. None of these
Explanation
Hong Kong ranked as the most expensive city for expatriates in the 2020 Mercer cost-of-living survey. High housing costs and the strength of its currency were major factors.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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