POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bangladesh, Ruanda, Italy, China and Somalia.
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Brazil, Russia, Italy, China and South-africa.
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Bangladesh, Ruanda, India, China and South-africa.
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Brazil, Russia, India, China and South-africa.
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Detailed explanation-1: -BRICS is an acronym that started as BRIC in 2001, coined by Jim O’Neill (a Goldman Sachs economist) for Brazil, China, India, and Russia. Later in 2010, South Africa was added to become BRICS. Goldman Sachs claimed that the global economy will be dominated by the four BRIC economies by 2050.
Detailed explanation-2: -BRICS: How an acronym from Goldman Sachs morphed into a strategic economic bloc. BRICS-meaning Brazil, Russia, India, China and South Africa-is widely regarded as the pillar of emerging economies.
Detailed explanation-3: -Brazil, Russia, India, China and South Africa, originally an informal group of the leading emerging economies of the early 2000s, have since experienced very different growth paths.
Detailed explanation-4: -What is the BRICS? BRICS is an acronym that started as BRIC in 2001, coined by Jim O’Neill (a Goldman Sachs economist) for Brazil, China, India, and Russia. Later in 2010, South Africa was added to become BRICS. Goldman Sachs claimed that the global economy will be dominated by the four BRIC economies by 2050.
Detailed explanation-5: -BRIC is an acronym for the developing nations of Brazil, Russia, India, and China. They are countries that some believe will be the dominant suppliers of manufactured goods, services, and raw materials by 2050. China and India will become the world’s dominant suppliers of manufactured goods and services.