BRIC Meaning

BRIC is the term which is used in financial markets in the context of countries. It represents the next group of countries which will lead the world in terms of economic activity and growth, full form of BRIC is Brazil, Russia, India and China. These 4 countries represent the next big superpowers in the coming years, they all are still developing countries but they are growing at faster rate than other countries of the world and that is they are grouped as BRIC nations

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