Which of the following successfully secured the top position in Global Competitiveness Index 2019 ?
Correct answer: D. Singapore
- A. USA
- B. UK
- C. China
- D. Singapore
Explanation
Singapore ranked first in the 2019 Global Competitiveness Index, ahead of the United States, Hong Kong and the Netherlands. China and the UK were ranked lower, so they are not the top-position answer.
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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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