Question

identify 3 “non – BRIC” countries you think offer the greatest opportunity for “Future”

growth and explain your selection (1-2 page responce)

Answer 1

Three non- BRIC countries, that can offer greatest opportunity for future are Argentina, Brazil and Malaysia.

Reason by which i can say that theses countries offer the greatest opportunity for "future" are:-

1. Developing countries:- All these countries are developing nations. It means that in some years, the GDP of theses countries are gonna rise. This would cause an improvement in the money value of the goods produced in these countries.

2. Cheap labour:- The labour available in these countries is very cheap. It means that supply of labour From these countries will increase. This would cause an increase in the demand for these country's labour. This would increase the money inflow in these countries.

3. Government support:- Government of these nations provide various incentives and opportunities for the growth of industrial sector in these countries. Hence, these countries have the potential to offer greatest opportunities for the future.

4. Tax allowances:- Fir these countries are underdeveloped, the government in these nations provides various kinds of tax allowances, thus, posing a great opportunity for future.

5. Inflation:- Inflation trends in these countries depict that inflation generally exists in these countries. It means that the new firms have greatest opportunities for their growth and development.

6. Ease of doing business:- Ease of doing business is high in these countries. Hence, it poses great opportunities in the growth and development in future.