Singapore has dethroned ___ to claim the title of the world’s freest economy?

A. Hong Kong
B. Singapore
C. Japan
D. India


Correct Answer: A. Hong Kong

Detail about MCQs

In a significant shift, Singapore has surpassed Hong Kong to claim the title of the world’s freest economy, marking the end of Hong Kong’s 53-year reign at the top. This shift is according to a report released by the Canadian think tank Fraser Institute. The Economic Freedom of the World Index, which has been tracking economic freedom since 1970, placed Hong Kong in second place for the first time.

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