Emerging countries like Brazil, Russia, India, and China (BRIC)that have large populations, an expanding middle class, and a combination of relatively low wage-rates and rapidly growing economies tend to attract sizable less amounts of foreign investment.

Question

Quizplus · Accepted Answer

The statement is false. Emerging countries like BRIC are actually known for attracting sizable amounts of foreign investment precisely because of their large populations, expanding middle class, and combination of low wage-rates and rapidly growing economies.

Emerging Countries Like Brazil, Russia, India, and China (BRIC)that Have