world economy miscellaneous MCQs – Page 5

Practise focused world economy miscellaneous questions with marked answers for exam preparation and subject revision.

world economy miscellaneous Mcqs
83. Cities and towns came into existence due to ?
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A. development of commerce and trade

B. Urbanization

C. growth of agriculture

D. Movement of population

84. Singapore and Hong Kong have become major economic powers by taking advantage of their ?
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A. abundant mineral resources

B. favorable location on international trade routes

C. imported cheap labor from Japan

D. Profits from agricultural surpluses

86. Rice is very important food as well as ?
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A. raw material

B. cash crop

C. export crop

D. import item

87. What is the second cattle producing country ?
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A. China

B. United States

C. Argentina

D. India

88. A Ia Crecy means to be garnished with what ?
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A. Carrots

B. Peas

C. Onions

D. Celery

89. Which is not a characteristic of urban life ?
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A. Impersonal relationship

B. Competition

C. Loss of humanistic value

D. informal relationship
90. In recent years, which factor has been major reason for the economic tensions between the United States and China ?
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A. The United States imported more from China than it exported to China

B. The United States refused to place quotas on Chinese goods

C. Chinas trade deficit with the United States was very high

D. China lowered tariffs on goods imported from the United States

93. What is the top cattle producing country ?
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A. China

B. United State

C. India

D. Argentina

98. In which country are diamonds abundantly found ?
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A. South Africa

B. Canada

C. Australia

D. Russia