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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.
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