BRIC

"BRIC" is a political term used to name the worlds four fastest growing economies which are Brazil,Russia,India and china.The term was thought up by Goldman Sachs in 2003 to argue the economic potential of Brazil,Russia,India,and China and their global importance in the near future.

Extended terms for BRIC are BRIMC (Mexico) ,BRICS (South africa)and BRICET (Eastern European nations and Turkey)

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