Which of the following statements is true according to the reports that were released in 2004 and 2011 by the Goldman Sachs global economics team?
A) The economies of Russia and Brazil would remain unaffected by the low prices for oil and other commodities in the years 2015 and 2016.
B) The BRIC (Brazil, Russia, India, and China) economies' share of world growth could rise significantly from 2003 to 2025.
C) The economies of Indonesia, Mexico, and Turkey could expand significantly in the coming decades.
D) The E7 (Brazil, China, India, Indonesia, Mexico, Russia, and Turkey) economies would mature and slow down in terms of market exchange rates.
Correct Answer:
Verified
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