Which of the following countries is known as sugar bowl ?
Correct answer: D. Cuba
- A. USA
- B. Argentina
- C. China
- D. Cuba
Explanation
Cuba is known as the “sugar bowl” because sugarcane and sugar exports historically dominated its economy. The label refers especially to Cuba's former position as a leading sugar producer.
Last updated
About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
Practise Economy of Pakistan
353 free Economy of Pakistan MCQs from Economics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Economics questions like this
Economics is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
Related questions
A country's export commodity concentration ratio is the ?
A critic of "Shock therapy" to transition economies. Vladamir Popov, contends that shock therapists put a heavy emphasis on ?
A demographic dividend is most likely when a country has:
A depreciation of the Pakistani rupee, other conditions remaining unchanged, is most likely to:
A general rise in prices caused mainly by higher fuel, wage or raw material costs is called: