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Federal Reserve Bank of Boston Economic Quiz
China's Economy
1. From 1989 to 2001, China sustained the fastest economic growth in the world despite an adverse global economic environment. According to the International Monetary Fund, what is China’s GDP growth rate expected to reach this year?
6.5%
7.5%
8.5%
9.5%
2. According to the U.S. Department of State statistics, China's global trade totaled $510 billion in 2001; the trade surplus stood at $28 billion. Which country is China’s largest trade partner?
United States
South Korea
Russia
Japan
3. China is taking steps to decentralize its foreign trading system and integrate itself into the world trading system. When did China formally join the World Trade Organization?
September 2001
December 2001
January 2002
May 2002
4. China has made great progress in developing the tourism industry as one of the new economic growth points. How did China rank on the World Tourism Organization’s list of tourism destinations in 2001?
First
Third
Fifth
Seventh
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Economic quiz written by: Lin Gong - November 4, 2002
Views expressed in the economic quiz are those of the individual author.