Which of the following country declared victory in tackling poverty?
Correct answer: C. China
- A. USA
- B. UK
- C. China
- D. None of these
Explanation
China declared that it had eliminated extreme poverty within its borders in 2020 and announced victory in the campaign in 2021. The claim refers to China’s nationally defined poverty standard.
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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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