Which region of the world is currently expected to go under recession?
Correct answer: C. Europe
- A. Asia
- B. Africa
- C. Europe
- D. None of These
Explanation
In 2022, Europe was widely expected to face recession because of the energy crisis, high inflation and disruptions linked to the Russia-Ukraine war. Asia and Africa were not the main focus of those recession forecasts.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
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.
Practise Global Economy
448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask International Current Affairs questions like this
International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
More Global Economy questions
Who was known as India's Warren Buffett, died recently in August 2022?
Which of the following companies are owned by Elon Musk?
On 31 August 2022, Australia announced it will provide $____ million in humanitarian aid to Pakistan.
With which country Egypt signs $8 billion agreement for Suez Canal Economic Zone in July 2022?
HBL become first bank to cross Rs. ________ balance sheet.
Which two countries have applied to join BRICS Grouping?