World Economies MCQs with Answers
Which country has the largest economy in the world by nominal GDP?
a) United States
b) China
c) Japan
d) Germany
Answer: a) United States
Which country has the largest economy in the world by purchasing power parity (PPP)?
a) United States
b) China
c) Japan
d) Germany
Answer: b) China
Which country is known for having the highest GDP per capita?
a) United States
b) Switzerland
c) Qatar
d) Singapore
Answer: c) Qatar
Which country is the largest exporter of goods in the world?
a) United States
b) China
c) Germany
d) Japan
Answer: b) China
Which country is the largest importer of goods in the world?
a) United States
b) China
c) Germany
d) Japan
Answer: a) United States
Which country is known for having the highest foreign reserves?
a) China
b) Japan
c) Switzerland
d) United States
Answer: a) China
Which country is known for having the highest GDP growth rate?
a) China
b) India
c) United States
d) Germany
Answer: b) India
Which country is known for having the highest level of income inequality?
a) United States
b) China
c) Brazil
d) India
Answer: c) Brazil
Which country is known for having the highest unemployment rate?
a) Spain
b) Greece
c) South Africa
d) United States
Answer: b) Greece
Which country is known for having the highest inflation rate?
a) Venezuela
b) Zimbabwe
c) Argentina
d) Turkey
Answer: a) Venezuela
Which country is known for having the largest stock market by market capitalization?
a) United States
b) China
c) Japan
d) United Kingdom
Answer: a) United States
Which country is known for having the highest trade surplus?
a) China
b) Germany
c) Japan
d) South Korea
Answer: b) Germany
Which country is known for having the highest trade deficit?
a) United States
b) China
c) Japan
d) India
Answer: a) United States
Which country is known for having the highest corporate tax rate?
a) United States
b) Japan
c) France
d) United Kingdom
Answer: c) France
Which country is known for having the highest ease of doing business index?
a) New Zealand
b) Singapore
c) Denmark
d) Hong Kong
Answer: a) New Zealand
Which country is known for having the highest quality of life index?
a) Norway
b) Switzerland
c) Denmark
d) Canada
Answer: a) Norway
Which country is known for having the highest human development index?
a) Norway
b) Switzerland
c) Australia
d) Germany
Answer: a) Norway
Which country is known for having the highest foreign direct investment (FDI) inflows?
a) United States
b) China
c) Singapore
d) United Kingdom
Answer: b) China
Which country is known for having the highest renewable energy consumption?
a) China
b) United States
c) Germany
d) India
Answer: a) China
Which country is known for having the highest tourism revenue?
a) United States
b) Spain
c) France
d) China
Answer: c) France
Which country is known for having the highest agricultural output?
a) United States
b) China
c) India
d) Brazil
Answer: b) China
Which country is known for having the highest industrial output?
a) United States
b) China
c) Japan
d) Germany
Answer: b) China
Which country is known for having the highest foreign debt?
a) United States
b) Japan
c) China
d) Germany
Answer: a) United States
Which country is known for having the highest government debt-to-GDP ratio?
a) Japan
b) Greece
c) Italy
d) United States
Answer: a) Japan
Which country is known for having the highest banking sector assets?
a) United States
b) China
c) Japan
d) United Kingdom
Answer: a) United States
Which country is known for having the highest population?
a) China
b) India
c) United States
d) Indonesia
Answer: a) China
Which country is known for having the highest percentage of the population living below the poverty line?
a) India
b) Nigeria
c) Bangladesh
d) Democratic Republic of the Congo
Answer: b) Nigeria
Which country is known for having the highest rate of economic growth?
a) China
b) India
c) United States
d) Germany
Answer: b) India
Which country is known for having the highest rate of inflation?
a) Venezuela
b) Zimbabwe
c) Argentina
d) Turkey
Answer: a) Venezuela
Which country is known for having the highest literacy rate?
a) Finland
b) Norway
c) Canada
d) Japan
Answer: a) Finland
Which country is known for having the highest life expectancy?
a) Japan
b) Switzerland
c) Singapore
d) Australia
Answer: a) Japan
Which country is known for having the highest healthcare expenditure per capita?
a) United States
b) Switzerland
c) Norway
d) Germany
Answer: a) United States
Which country is known for having the highest level of income inequality?
a) United States
b) China
c) Brazil
d) India
Answer: c) Brazil
Which country is known for having the highest unemployment rate?
a) Spain
b) Greece
c) South Africa
d) United States
Answer: b) Greece
Which country is known for having the highest percentage of the population employed in the agricultural sector?
a) India
b) China
c) United States
d) Brazil
Answer: a) India
Which country is known for having the highest percentage of the population employed in the services sector?
a) United States
b) Japan
c) United Kingdom
d) Germany
Answer: a) United States
Which country is known for having the highest percentage of the population employed in the manufacturing sector?
a) China
b) Germany
c) United States
d) Japan
Answer: a) China
Which country is known for having the highest level of economic freedom?
a) Hong Kong
b) Singapore
c) New Zealand
d) Switzerland
Answer: a) Hong Kong
Which country is known for having the highest level of government corruption?
a) Somalia
b) South Sudan
c) Syria
d) North Korea
Answer: a) Somalia
Which country is known for having the highest level of gender equality?
a) Iceland
b) Norway
c) Sweden
d) Finland
Answer: a) Iceland