Bangladesh Economy Quiz
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Questions and Answers

What is the ranking of Bangladesh's economy in the world by purchasing power parity?

  • 33rd (correct)
  • 15th
  • 40th
  • 20th
  • In which year did Bangladesh register a GDP growth rate of 7.2% after the global pandemic?

  • 2019–2020
  • 2020–2021
  • 2022–2023
  • 2021–2022 (correct)
  • When did modern Bangladesh embark on economic reforms that promoted free markets and foreign direct investment?

  • Late 1970s (correct)
  • Early 1980s
  • Late 1990s
  • Early 2000s
  • What percentage of Pakistan's exports was generated by East Pakistan between 1947 and 1971?

    <p>50% to 70%</p> Signup and view all the answers

    Which trade organizations is Bangladesh a member of?

    <p>South Asian Free Trade Area and World Trade Organization</p> Signup and view all the answers

    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.

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