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Why does BRICS Countries, Brazil, Russia, India, China and South Africa are the emerging global economic powers for the expansion of supermarkets?© BrainMass Inc. brainmass.com October 10, 2019, 7:54 am ad1c9bdddf
The BRICS Countries, Brazil, Russia, India, China and South Africa are emerging global supermarkets for several reasons. These countries have experienced high economic growth rates in the recent past. Their average GDP growth rate is around 5%. These countries are attractive investment destinations because of potential for high growth. These countries attract investment because they have better debt to GDP ratio and higher foreign reserves than many developed countries. These countries have the potential of sustaining the high growth rate.These countries present an ...
This solution of 295 words explains how BRICS countries offer excellent opportunities for supermarkets. The two steps are provided. The sources used are also included in the solution. Four references are provided to further aid in the understandings.