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Comecon setablished to coordinate Soviet block economies
Contributed by: Handley
  • 1. When was Comecon established?
A) 1961
B) 1973
C) 1955
D) 1949
  • 2. What does Comecon stand for?
A) Council for Mutual Economic Assistance
B) Coalition of Market Economies
C) Central Organization for Economic Coordination
D) Committee for Economic Cooperation
  • 3. Which country was the driving force behind the formation of Comecon?
A) France
B) United States
C) United Kingdom
D) Soviet Union
  • 4. Which city was the headquarters of Comecon?
A) Warsaw
B) Prague
C) Berlin
D) Moscow
  • 5. What effect did Comecon have on member countries' trade relations with non-member countries?
A) It eliminated trade with non-member countries
B) It limited trade relations with non-member countries
C) It had no effect on trade relations with non-member countries
D) It encouraged trade with non-member countries
  • 6. What was the last year that Comecon was officially dissolved?
A) 1991
B) 1993
C) 1995
D) 1989
  • 7. What was the primary currency used for transactions within Comecon?
A) Euro
B) Transferable ruble
C) US Dollar
D) Yen
  • 8. What sector of the economy did Comecon primarily focus on?
A) Heavy industry
B) Technology
C) Service industry
D) Agriculture
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