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 23 of 23

Very hard
  • A. $200 bn
  • B. $250 bn
  • C. $300 bn
  • D. $350 bn

Explanation: China announced retaliatory tariffs on $60 billion of U.S. goods after the United States imposed duties on approximately $200 billion of…

Correct answer: $200 bn
Moderate
  • A. William Nordhaus
  • B. Paul Romer
  • C. Huang yin
  • D. A & B
  • E. None of these

Explanation: William Nordhaus and Paul Romer shared the 2018 Nobel Memorial Prize in Economic Sciences for integrating climate change and technological…

Correct answer: A & B
Moderate
  • A. Yahoo
  • B. Google
  • C. Bing
  • D. Ask.com

Explanation: Google marked its 20th anniversary in September 2018, having been founded in 1998 by Larry Page and Sergey Brin.

Correct answer: Google
Fairly easy
  • A. Israel
  • B. Turkey
  • C. Kazakhstan
  • D. India

Explanation: The İzmir International Fair is held in İzmir, Turkey, and is one of the country’s long-running trade and commercial exhibitions.

Correct answer: Turkey
Fairly easy
  • A. Italy
  • B. Norway
  • C. Germany
  • D. Denmark

Explanation: Germany introduced the world's first hydrogen-powered passenger train in 2018.

Correct answer: Germany
Easy
  • A. Fujairah Nuclear Power Plant
  • B. Ajman Nuclear Power Plant
  • C. Hanul Nuclear Power Plant
  • D. Barakah Nuclear Power Plant

Explanation: Barakah is the United Arab Emirates' first nuclear power plant and is located in Abu Dhabi emirate.

Correct answer: Barakah Nuclear Power Plant
Fairly easy
  • A. India
  • B. Pakistan
  • C. Iran
  • D. UAE

Explanation: The Barakah Nuclear Power Plant is in the UAE, near Al Dhafra in Abu Dhabi emirate.

Correct answer: UAE
  • A. India
  • B. China
  • C. France
  • D. Japan

Explanation: The European Parliament approved the EU-Japan Economic Partnership Agreement, described at the time as the world's largest bilateral…

Correct answer: Japan