In the Context of Emerging Economies, Which of the Following

question 120

Multiple Choice

In the context of emerging economies, which of the following statements is true of the BRIC countries?

• A) India's subscriber base for cell phones has grown explosively over the past five years.
• B) Brazil has a high employment rate and stands out to be the lone bright spot among the BRIC countries.
• C) China is the only BRIC country that has an economy larger than the United States.
• D) Over the past few years, China has seen a rapid growth in the number of low-wage manufacturing jobs.

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Definitions:

Foreign Investment

Investment in domestic companies and assets of another country by a foreign investor, aiming to gain returns.

Circle

A simple closed shape consisting of all points in a plane that are a given distance from a given point, the centre.