The largest oil-exporting country in the world is:

Related Mcqs:

1. The ‘Organization of Arab Petroleum Exporting Countries’ (OAPEC) was established in:

   A. 1965
   B. 1968
   C. 1967
   D. 1966

2. Which country had the largest Armed Forces of World War I?

   A. United States
   B. Germany
   C. Russia
   D. Japan

3. What international organization is effectively a cartel seeking to control prices and quantities of oil on the world market?

   A. OPEC
   B. NATO
   C. OECD
   D. CPLP

4. What percentage of world crude oil reserves are in OIC states?

   A. 50%
   B. 60%
   C. 70%
   D. 80%

5. UNO’s ‘Oil for Food’ Program is associated with which country?

   A. Sudan
   B. North Korea
   C. Iran
   D. Iraq

6. The second oil shock (1979) was the result of a revolution in:

   A. Iran
   B. Saudi Arabia
   C. Iraq
   D. Egypt

7. Helmand is the world’s largest opium-producing region, responsible for:

   A. 45% of the world’s total production
   B. 55% of the world’s total production
   C. 65% of the world’s total production
   D. 75% of the world’s total production

8. The world’s largest exporter of small arms is:

   A. the United States
   B. Russia
   C. Great Britain
   D. France

9. In term of combined GDP of its members, the largest trade bloc in the world is:

   A. NAFTA
   B. SAFTA
   C. EMU
   D. ASEAN

10. When an agreement between Pakistan and Iran was concluded by which Iran promised to give oil to Pakistan for its requirements?

    A. 1949
    B. 1950
    C. 1951
    D. 1952