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Questions and Answers
What is the ranking of Bangladesh's economy in the world by purchasing power parity?
In which year did Bangladesh register a GDP growth rate of 7.2% after the global pandemic?
When did modern Bangladesh embark on economic reforms that promoted free markets and foreign direct investment?
What percentage of Pakistan's exports was generated by East Pakistan between 1947 and 1971?
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Which trade organizations is Bangladesh a member of?
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Study Notes
Bangladesh's Economy
- Bangladesh's economy is the 33rd largest in the world by purchasing power parity.
GDP Growth Rate
- In 2021, Bangladesh registered a GDP growth rate of 7.2% after the global pandemic.
Economic Reforms
- Modern Bangladesh embarked on economic reforms that promoted free markets and foreign direct investment in 1991.
East Pakistan's Contribution to Pakistan's Exports
- Between 1947 and 1971, East Pakistan generated 70% of Pakistan's exports.
Trade Organizations
- Bangladesh is a member of the following trade organizations: World Trade Organization (WTO), South Asian Free Trade Area (SAFTA), and the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC).
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Description
Test your knowledge of Bangladesh's economy with this quiz! Explore the country's economic status, market position, and its transition from a frontier market to an emerging market. See how much you know about Bangladesh's economy and its global ranking.