The six largest rapidly-growing emerging markets in the world are referred to as ________.
A) G8
B) G20
C) BRIC-IT
D) NAFTA

Question

Quizplus · Accepted Answer

The six largest rapidly-growing emerging markets in the world are referred to as BRIC-IT, which stands for Brazil, Russia, India, China, Indonesia, and Turkey. Option A (G8) only includes eight of the world's most industrialized economies, while option B (G20) includes 19 of the world's largest advanced and emerging economies, and option D (NAFTA) only includes three countries (Canada, Mexico, and the United States) that have a trilateral trade agreement.

The Six Largest Rapidly-Growing Emerging Markets in the World Are