Q3 - 2012-13 - ANSWER
BRIC is a grouping acronym that refers to the countries of
Brazil, Russia, India and China.
The acronym BRIC was coined by Jim O'Neill
(Chairman of Goldman Sachs Asset Management) in a 2001 paper entitled
"Building Better Global Economic BRICs".
The capital “S” in BRICS stands for South
Africa.South Africa was officially admitted as a BRIC nation on December 24,
2010.
In 2005
Goldman Sachs identified another classification, that of N11 or Next 11
countries with a high potential of becoming the world’s largest economies in
the 21st century along with the
BRICS.
The
N-11 countries include Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico,
Nigeria, Pakistan, Philippines, Turkey and Vietnam.
Honourable mentions go out to:
F.Y.B.Com. –
Zenaida and Gabrielle
S.Y.B.A. –
Giselle
S.Y.B.Com. –
Olivia and Stella
ONCE AGAIN HERE’S WELCOMING ALL NEW MEMBERS OF
THE BLOG J
P.S. LET’S GIVE THESE REGULARS A LITTLE
COMPETITION …ATTEMPT THE NEXT QOTW COMING UP NEXT.
