Country Profiles | MCQs

Explanation

The top 10 most populous countries in the world:

• China
• India
• the United States
• Indonesia
• Pakistan
• Brazil
• Nigeria
• Bangladesh
• Russia
• and Mexico

Explanation

Despite Australia's political stability, the country is grappling with significant economic challenges

The most pressing issue is poor GDP growth

Australia faces multifaceted challenges, including declining productivity, structural budget issues, and external economic pressures.

Explanation

Core Reason for Trade:

Comparative Advantage: Countries specialize in producing what they are most efficient at and trade for other goods/services (e.g., Pakistan exports textiles, imports oil).

Diverse Needs: No country produces everything it requires (e.g., Japan imports food due to limited arable land).

Explanation

Poland has received significant amounts of funding from the European Union.

These funds are often for managing various aspects of the country's affairs

Other European countries like Italy and France also receive EU funds,

But Poland is often highlighted as a major recipient

Explanation

Explanation

Mexico is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico.

Explanation

The Republic of Austria is located in the southern part of Central Europe.

It is a federation of nine states, one of which is the capital Vienna, the largest city and state.

Note: Vienna is the capital of Austria while Canberra is the capital of Australia.

Explanation

The largest country in the world is Russia with a total area of 17,098,242 Km² (6,601,665 mi²)

and a land area of 16,376,870 Km² (6,323,142 mi²)

List of Largest countries by area

Must read it

Which country has the largest population in the world?

Explanation

As of recent global rankings, China is the second largest economy in the world by nominal GDP, after the United States.

It plays a major role in global trade, manufacturing, and finance.

Explanation

 The world's freest economy, often cited for its low taxes and lack of trade barriers, is Hong Kong.