Asked by Giselle Gradilla on Jun 05, 2024
Verified
What do the BRIC countries have in common?
A) They participate together in a trading bloc.
B) They have suffered more than most other countries in the recent recession.
C) They are Asian countries experiencing explosive population growth.
D) They are the four countries experiencing the lowest levels of economic growth.
E) They are experiencing significant levels of economic growth.
BRIC Countries
An acronym for Brazil, Russia, India, and China, which are four major emerging national economies known for their significant growth and industrial potential.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by Gross Domestic Product (GDP).
- Understand the factors contributing to the economic growth of BRIC countries.
Verified Answer
JN
johnny nguyenJun 08, 2024
Final Answer :
E
Explanation :
The BRIC countries (Brazil, Russia, India, and China) are all experiencing significant levels of economic growth. They are considered to be emerging markets and have been forecasted to become some of the world's largest economies in the coming decades.
Learning Objectives
- Understand the factors contributing to the economic growth of BRIC countries.
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