The Franklin/Templeton mutual funds company recently introduced a new mutual fund that invests in companies in four rapidly developing countries. The fund, called the BRIC fund, refers to which set of countries?
  1. Belarus, Rwanda, Ireland, Czech Republic
  2. Belgium, Romania, Indonesia, Chile
  3. Bolivia, Romania, Italy, Colombia
  4. Brazil, Russia, India, China
Explanation
Answer: D - Brazil, Russia, India, China.
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