📝 Russia in the World Economies In 2012

Q1. In 2012, Russia ranked second worldwide in the production of which of the following?

💡 Difficulty: easy | ✅ Correct: A

Q2. If the price of oil rebounds to \(120\) dollars per barrel, which effect is most likely on Russia’s budget deficit?

💡 Difficulty: medium | ✅ Correct: A

Q3. What primary economic risk does a country face when it depends heavily on a single commodity like oil?

💡 Difficulty: hard | ✅ Correct: C