Asked in a 2026 paperFairly easy

Which country has recently applied to become a member of the group of emerging countries, BRICS?

Correct answer: B. Iran

  • A. Canada
  • B. Iran
  • C. Israel
  • D. Japan

Explanation

Iran formally applied to join BRICS in June 2022, seeking membership in the group of major emerging economies. Canada, Israel and Japan were not the country identified in this event.

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About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

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