Mind Audit Quiz PDF

## Mind Audit Quiz **Total questions: 40** 1. Which country recently imposed tariffs on steel and aluminum imports, sparking trade tensions globally? - A. China - B. Germany - C. United States - D. Brazil 2. Which country is known for being a major exporter of electronics and tech...

## Mind Audit Quiz **Total questions: 40** 1. Which country recently imposed tariffs on steel and aluminum imports, sparking trade tensions globally? - A. China - B. Germany - C. United States - D. Brazil 2. Which country is known for being a major exporter of electronics and technology products? - A. South Korea - B. India - C. Brazil - D. Canada 3. What is the economic alliance consisting of 27 European countries called? - A. EU - B. ASEAN - C. OPEC - D. NAFTA 4. Which currency is used by most European Union countries? - A. Dollar - B. Yen - C. Euro - D. Pound 5. Who is the current President of the World Bank? - A. Christine Lagarde - B. David Malpass - C. Kristalina Georgieva - D. Jim Yong Kim 6. Which country is the world's largest producer of oil? - A. Saudi Arabia - B. Russia - C. United States - D. China 7. Which international agreement aims to combat climate change and reduce greenhouse gas emissions? - A. Kyoto Protocol - B. Paris Agreement - C. Geneva Convention - D. Vienna Convention 8. What is the international organization that provides financial assistance and policy advice to countries in need? - A. UNDP - B. IMF - C. World Bank - D. WTO 9. Which country is known for its booming tech industry, with cities like Seoul and Busan as major technology hubs? - A. China - B. Japan - C. South Korea - D. India 10. What is the economic term for the total amount of money flowing into and out of a country? - A. Trade deficit - B. Foreign investment - C. Balance of payments - D. National income 11. Which country is home to the headquarters of the Organization of Petroleum Exporting Countries (OPEC)? - A. Saudi Arabia - B. United States - C. Russia - D. Venezuela 12. Which trade agreement among North American countries aims to promote trade and economic cooperation? - A. ASEAN - B. NAFTA - C. EU - D. SAARC 13. Which country is known for its emphasis on precision engineering and high-tech industries such as automotive manufacturing? - A. Germany - B. France - C. Italy - D. Spain 14. What is the term used to describe a tax imposed on imported goods? - A. Excise tax - B. Income tax - C. Value-added tax - D. Customs duty 15. Which international financial institution aims to promote sustainable infrastructure investments in developing countries? - A. ADB - B. IFC - C. EBRD - D. AIIB 16. Which country is one of the largest producers and exporters of agricultural products in the world? - A. Brazil - B. United Kingdom - C. Canada - D. Spain 17. What is the term for the practice of selling goods in international markets at a price lower than the home market or below production cost? - A. Monopoly - B. Dumping - C. Subsidy - D. Tariff 18. Which international agreement aims to facilitate the movement of goods and services across borders by reducing barriers to trade? - A. Bretton Woods Agreement - B. Montevideo Treaty - C. GATT - D. Vienna Convention 19. What is the term for the transfer of money from one country to another, typically for trade or investment purposes? - A. Currency conversion - B. Capital flight - C. Remittance - D. Foreign exchange 20. What is the term for a situation where a country applies restrictions on the quantity or value of goods that can be imported? - A. Tariff - B. Quota - C. Subsidy - D. Embargo 21. Which economic grouping is composed of countries in Southeast Asia and aims to promote economic growth, social progress, and cultural development? - A. ASEAN - B. BRICS - C. OPEC - D. G7 22. Which international organization is responsible for regulating global financial stability and monetary cooperation? - A. WTO - B. OECD - C. IMF - D. UNESCO 23. Which continent is known for its significant diamond mining industry, contributing to the global gem trade? - A. Europe - B. Africa - C. Asia - D. South America 24. What is the term for the total value of a country's exports minus the total value of its imports? - A. Trade balance - B. Trade surplus - C. Trade deficit - D. Trade quota 25. Which international initiative promotes sustainable development goals and aims to eradicate poverty worldwide? - A. Carbon Neutrality Agreement - B. Millennium Development Goals - C. Green New Deal - D. Global Poverty Reduction Initiative 26. What is the term for the practice of selling goods in international markets at a price lower than the domestic market price or below production cost? - A. Tariff escalation - B. Commercial dumping - C. Market discounting - D. Price skimming 27. Which international financial institution focuses on private sector investment and development projects in emerging markets? - A. EBRD - B. AIIB - C. ADB - D. OECD 28. Which continent is known for its significant cocoa production, contributing to the global chocolate industry? - A. Asia - B. Europe - C. Africa - D. South America 29. What is the term for the acquisition of foreign assets for controlling ownership or influence? - A. Foreign exchange - B. Portfolio investment - C. Foreign direct investment - D. Foreign aid 30. What is the economic term for a sustained period of declining economic activity characterized by high unemployment and low productivity? - A. Inflation - B. Deflation - C. Stagflation - D. Recession 31. Which country is known for its vast agricultural lands and is a major exporter of wheat, corn, and soybeans? - A. China - B. Russia - C. Brazil - D. Canada 32. Which international agreement aims to establish rules for the negotiation and settlement of disputes related to international trade? - A. Geneva Convention - B. Montevideo Treaty - C. GATT - D. Hague Agreement. 33. What is the term for the decentralized system where transactions are made without a central authority, typically using cryptocurrency? - A. Centralized system - B. Traditional banking - C. Fintech - D. Blockchain 34. Which country is known for its dominance in the luxury goods industry, particularly in fashion and perfume? - A. Italy - B. Switzerland - C. France - D. Spain 35. What is the term for a situation where a country's currency value is determined by supply and demand in the foreign exchange market? - A. Fixed exchange rate - B. Floating exchange rate - C. Pegged exchange rate - D. Currency board arrangement 36. Which international organization is responsible for setting standards and regulations for the global aviation industry? - A. ICAO - B. IMO - C. ILO - D. UNHCR 37. Which continent is a major producer of coffee, with countries like Brazil, Colombia, and Ethiopia leading in coffee exports? - A. Asia - B. Europe - C. Africa - D. South America 38. What is the term for the total amount of money that a country's government owes to its creditors? - A. National savings - B. Trade deficit - C. Public debt - D. Capital expenditure 39. What is the economic term for a situation where prices and wages rise quickly, leading to a decrease in the value of money? - A. Deflation - B. Inflation - C. Hyperinflation - D. Recession 40. Which trade agreement aims to promote economic cooperation and integration among countries in the Pacific Rim region? - A. NAFTA - B. ASEAN - C. EU - D. APEC