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Write a report in which you discuss the economic benefits of BRICS economic integration for countries in the Global South. Milpark Education International Economics ECIN01-7

Write a report in which you discuss the economic benefits of BRICS economic integration for countries in the Global South. Milpark Education International Economics ECIN01-7 Assignment C May 2024 Page 5 of 5 Address the following issues in your discussion: 1. What type of economic integration defines the formation of BRICS? Justify your position. 2. How can the BRICS bloc lead to either trade creation or trade diversion? 3. How does BRICS contribute to South Africa's development? 4. The import substitution and export orientation opportunities presented by the BRICS bloc. 5. How can the economic benefits from this form of economic integration be extended? Should the BRICS bloc increase its membership? Justify your position

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