Question

Which of the following countries are the part of BRICS?

A. Brazil, Russia, India, China,South Africa

B. Brazil, Russia, Indonesia, China

C. Bulgaria, Russia, Iceland, Croatia​

Answer 1

BRIC is an acronym for the economic bloc of countries consisting of Brazil, Russia, India, and China. In 2010, South Africa joined the BRIC group. Economists believe these four nations will become dominant suppliers of manufactured goods, services, and raw material by 2050 due to low labor and production costs.