Question: In the early 2000s BRICs -- Brazil, Russia, India and China, were all the rage when talking about global expansion. Today these markets may not be the sure things they appeared to be when Goldman Sachs Asset Management coined the term BRICs a decade ago.
Research why the BRIC markets may become less advantageous international markets.
• Present at least one internal factor in each country that may be leading to its less preferred global status.
• Discuss at least one external factor for each country that may lead to a downgrade in its status.