World Economy GK Quiz Questions and Answers

1. Which one of the following major markets has the highest share of composition of exports of ores and minerals in the world?
  A.  India
  B.  United States
  C.  China
  D.  Brazil
Answer
Ans: C
China
2. Which one of the following is the proposed currency of the Gulf Cooperation Council (GCC)
  A. Minar
  B. Sucre
  C. Khaleeji
  D. None of these
Answer
Ans: C
Khaleeji
3. Which one of the following curves is a graphical representation of the relationship between unemployment and the job vacancy rate?
  A.  Laffer's curve
  B.  Philips curve
  C.  Beveridge curve
  D.  Friedman's curve
Answer
Ans: C
Beveridge curve
4. Which one of the following institutions is related with the Green/Blue Box subsidies?
  A.  World Tourism Organization
  B.  World Trade organization
  C.  World Bank
  D.  UNO
Answer
Ans: B
World Trade organization
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