Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Goldman Sachs coined the acronym BRIC (Brazil, Russia, India and China) for the four countries destined to be responsible for much of the future growth

Goldman Sachs coined the acronym BRIC (Brazil, Russia, India and China) for the four countries destined to be responsible for much of the future growth in manufacturing. Which statement is TRUE regarding BRIC?

A.The four BRIC countries contain 22% of the world's inhabitants.

B.Brazil and Russia have huge untapped labor forces.

C.China and India are rich in inputs critical for industry.

D.The four BRIC countries have established an exclusive trade agreement between them.

E.Brazil and Russia are rich in inputs critical for industry.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Organizational Behavior And Management

Authors: John Ivancevich, Michael Matteson

6th Edition

0072436387, 978-0072436389

More Books

Students also viewed these Economics questions

Question

5. Give some examples of hidden knowledge.

Answered: 1 week ago