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Goldman Sachs Coined the Acronym BRIC for the Four Countries

Question 60

Multiple Choice

Goldman Sachs coined the acronym BRIC for the four countries destined to be responsible for much of the future growth in manufacturing.Brazil is one of these countries primarily because


A) it has a huge untapped labor force.
B) they are rich in inputs critical for industry.
C) of proximity to the United States and Europe.
D) of vertically integrated industries.
E) of many established trade agreements.

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