The Chinese failed to foresee that the European expansion would rival their rise because the Chinese did not see the importance of voyages across oceans. The Europeans were out to discover new lands, resources and colonies. The Chinese were thinking about how to bring together their nomads.
The correct answer is C) reduce the economic hegemony of the global north.
The emergence of the BRICS (Brazil, Russia, India, China, South Africa) countries has the potential to most likely reduce the economic hegemony of the global north.
For many years the northern hemisphere nations such as Western Europe, the United States, and Canada have dominated trade and the economic world in general.
However, experts have considered that the advent of the BRICS (Brazil, Russia, India, China, South Africa) can represent an important block to seriously compete with those northern hemisphere powers due to the size of their markets and cheap labor.
Although those BRICS countries have interesting numbers in Macroeconomy, they still have very poor people that in Microeconomics that contrasts the Macroeconomy scenario.
Answer:
I don't know I alway have that and also PLS READ THE EXPLANATION FOR YOUR OWN SAFETY
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Answer:
the economy experiences a loss
Explanation:
i mean the only good answer is a. because it is true. to add a graph in the future just click on the paperclip before you post your question
