Q3 - 2012-13 - ANSWER
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 for all correct answers go out to:
F.Y.B.Com.- Zenaida, Gabrielle
S.Y.B.A. - Giselle
S.Y.B.Com. - Olivia, Stella
Al the new members who have not attempted the QOTW what are you waiting for? Let's give these regular participants some competition!! :)
BRIC is a grouping acronym that refers to the
countries of Brazil, Russia, India and China.
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 for all correct answers go out to:
F.Y.B.Com.- Zenaida, Gabrielle
S.Y.B.A. - Giselle
S.Y.B.Com. - Olivia, Stella
Al the new members who have not attempted the QOTW what are you waiting for? Let's give these regular participants some competition!! :)
