Multiple choice

In the term BRIC, R stands for

  1. Romania

  2. Republic of Congo

  3. Russia

  4. Rwanda

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

BRIC is an acronym coined by Goldman Sachs in 2001 referring to four major emerging economies: Brazil, Russia, India, and China. The 'R' stands for Russia, which along with the other three countries, was identified as having the potential to dominate the global economy by 2050. South Africa was later added to form BRICS.