BRICS vs EU: A Comparative Analysis

Which countries recently joined the BRICS group, leading to the formation of BRICS+?

• Argentina, Chile, Peru, Colombia, and Venezuela

• Mexico, Canada, Australia, Japan, and South Korea

• Norway, Sweden, Finland, Denmark, and Iceland

• Iran, Saudi Arabia, Ethiopia, Egypt, and the UAE

Who coined the term 'BRIC' and predicted the economic rise of these countries?

• Paul Krugman

• Jim O’Neill

• Joseph Stiglitz

• Milton Friedman

What is a significant geographical advantage of the EU compared to BRICS?

• Larger landmass

• Closer proximity of member states

• More natural resources

• Higher population

Which BRICS country has the largest GDP, significantly influencing the group's economic power?

• Brazil

• Russia

• India

• China

What is a key economic feature that the EU has but BRICS lacks?

• Larger population

• A single currency

• More natural resources

• Higher GDP

How do BRICS countries typically handle international trade agreements?

• They sign agreements as a unified group

• They do not engage in international trade

• They rely on the EU to negotiate on their behalf

• They sign their own individual agreements

What is a major political challenge within the BRICS group?

• Single-party governance

• Geopolitical disputes among members

• Cultural homogeneity

• Unified military strategy

Which two countries in BRICS are involved in a territorial dispute?

• Brazil and India

• India and China

• Russia and China

• Brazil and South Africa

What is a fundamental difference between BRICS and the EU in terms of organizational structure?

• BRICS members retain full sovereignty

• The EU is an informal group of states

• BRICS is a supranational organization

• The EU has no political influence

What is the primary focus of the BRICS-Plus group?

• Military expansion

• Cultural exchange programs

• Space exploration

• Promoting international trade and cooperation