World Currencies, Countries and Organizations
Which of the following best describes BRICS?
- A. A political and economic union of European countries, many of which share a common currency, the euro
- B. The group of European Union member countries that have adopted the euro as their official currency
- C. An acronym for an association of major emerging economies: Brazil, Russia, India, China, and South Africa ✓
- D. A landlocked South Asian country whose capital is Kabul and whose currency is the Afghan afghani
Correct answer
C. An acronym for an association of major emerging economies: Brazil, Russia, India, China, and South Africa
Explanation
'BRICS' refers to an acronym for an association of major emerging economies: Brazil, Russia, India, China, and South Africa.