Free Global Economy MCQs with Answers

448 Global Economy MCQs from International Current Affairs, each with the correct answer and a written explanation of why it is correct. Free and unlimited, with no account needed.

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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448 questions · page 21 of 23

Hard
  • A. Sri Lanka
  • B. Nepal
  • C. Bhutan
  • D. Maldives

Explanation: India announced a $1.4 billion financial assistance package for the Maldives, including budgetary support, currency-swap facilities and…

Correct answer: Maldives
Moderate
  • A. France
  • B. Germany
  • C. USA
  • D. None of these

Explanation: Germany closed its last hard-coal mine at Prosper-Haniel in December 2018, ending an industry that had been central to the Ruhr region.

Correct answer: Germany
Moderate
  • A. Germany
  • B. India
  • C. China
  • D. USA

Explanation: Chinese scientists developed rewritable paper using a light-sensitive material that could be written on and erased repeatedly.

Correct answer: China
Moderate
  • A. Abu Dhabi, UAE
  • B. Dubai, UAE
  • C. Riyadh, Saudi Arabia
  • D. Muscat, Oman

Explanation: The world’s largest Arabic-language audio library was launched in Dubai, United Arab Emirates.

Correct answer: Dubai, UAE
Moderate
  • A. Abadan
  • B. Asphan
  • C. Tehran
  • D. None of them

Explanation: Abadan is home to Iran’s historic Abadan Refinery, one of the country’s largest and most important refining complexes.

Correct answer: Abadan
Fairly easy
  • A. China
  • B. UAE
  • C. Russia
  • D. France

Explanation: Russia developed the Akademik Lomonosov, the world’s first floating nuclear power plant.

Correct answer: Russia
Moderate
  • A. Japan
  • B. China
  • C. Russia
  • D. None of these

Explanation: A Chinese court ordered a ban on the sale of some iPhone models in a patent dispute between Qualcomm and Apple.

Correct answer: China
Fairly easy
  • A. Russia
  • B. Japan
  • C. China
  • D. India

Explanation: China manufactured the AG600, the world’s largest amphibious aircraft. It was developed for roles including firefighting, maritime rescue…

Correct answer: China
Fairly easy
  • A. USA
  • B. China
  • C. Russia
  • D. Canada

Explanation: China announced plans to create an artificial moon using a satellite designed to reflect sunlight onto urban areas.

Correct answer: China
Easy
  • A. USA, Mexico and Canada
  • B. Germany, Japan and Denmark
  • C. China, India and Japan
  • D. None of These

Explanation: The United States, Mexico and Canada signed the United States-Mexico-Canada Agreement, replacing NAFTA.

Correct answer: USA, Mexico and Canada
Moderate
  • A. Shanghai, China
  • B. Tokyo, Japan
  • C. Paris, France
  • D. None of These

Explanation: The InterContinental Shanghai Wonderland opened in Shanghai in 2018, built into the walls of a former quarry.

Correct answer: Shanghai, China
Fairly easy
  • A. 1st
  • B. 2nd
  • C. 3rd
  • D. 4th

Explanation: China was the world's largest carbon-dioxide emitter according to the Global Carbon Project's rankings.

Correct answer: 1st
Very hard
  • A. Muhammetmyrat Amanov
  • B. James Mattis
  • C. Ashraf Ghani
  • D. Tehmena Janjua

Explanation: Muhammetmyrat Amanov was the chairman and chief executive of TAPI Pipeline Company Limited in 2018.

Correct answer: Muhammetmyrat Amanov
Moderate
  • A. Japan
  • B. Germany
  • C. China
  • D. USA

Explanation: Germany's BigRep developed the world's first 3D-printed electric bicycle, using large-scale additive manufacturing for its frame and…

Correct answer: Germany
Easy
  • A. Canada and UK
  • B. Mexico and France
  • C. Canada and Mexico
  • D. Brazil and Argentine

Explanation: The United States, Canada and Mexico agreed the United States-Mexico-Canada Agreement, or USMCA, to replace NAFTA.

Correct answer: Canada and Mexico
Moderate
  • A. Nepal
  • B. Nigeria
  • C. USA
  • D. Afghanistan

Explanation: Nepal restricted the use of India's newly introduced 2,000, 500 and 200 rupee notes in December 2018.

Correct answer: Nepal
Moderate
  • A. Adidas
  • B. Apple
  • C. Microsoft Corporation
  • D. Aditi Technologies

Explanation: Apple announced a new $1 billion campus in Austin, Texas, along with a major expansion of US data centres and plans to create thousands of…

Correct answer: Apple
Fairly easy
  • A. Oman
  • B. UAE
  • C. Qatar
  • D. Saudi Arabia

Explanation: Qatar announced its withdrawal from OPEC in December 2018, effective January 2019, becoming the first Gulf state to leave the…

Correct answer: Qatar
Fairly easy
  • A. Kenya
  • B. Rwanda
  • C. Seychelles
  • D. Somalia

Explanation: Seychelles issued the world's first sovereign blue bond in 2018. The bond was designed to finance sustainable marine and fisheries projects.

Correct answer: Seychelles
Easy
  • A. Tokyo
  • B. Shanghai
  • C. London
  • D. New York

Explanation: The world's first major underground hotel, the InterContinental Shanghai Wonderland, opened in Shanghai.

Correct answer: Shanghai