Recently, a new term “Fragile Five” is being used to describe countries that have witnessed economic turmoil in recent years. Which of the following correctly represent “Fragile Five” countries?

Recently, a new term “Fragile Five” is being used to describe countries that have witnessed economic turmoil in recent years. Which of the following correctly represent “Fragile Five” countries?
[A]Turkey, Brazil, India, South Africa and Indonesia
[B]Turkey, Britain, India, China and Japan
[C]India, China, Japan, South Africa and Indonesia
[D]India, China, Turkey, Japan and Britain

Turkey, Brazil, India, South Africa and Indonesia
The term Fragile Five has been coined by a research analyst at Morgan Stanley which identifies Turkey, Brazil, India, South Africa and Indonesia as economies that have become too dependent on skittish foreign investment to finance their growth ambitions.

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This question "Recently, a new term “Fragile Five” is being used to describe countries that have witnessed economic turmoil in recent years. Which of the following correctly represent “Fragile Five” countries?" was published on GKToday on December 8, 2014 at 5:42 pm. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

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