KeerthanaPosted on What effect did rise in economies of BRICS have on the global economy? a It helped stabilize the global economy and insulate it from the fall out of the global financial crisis b Labour became more highly skilled and wages rose alarmingly reducing the off-shoring of jobs to developing countries c Though worldwide poverty rates tumbled, the gap between the rich and the poor in rich economies increased d The cost of living and level of inflation in these countries were maintained at low levels. e All the given options are effects of the rise in BRICs economies. Answer : Option AExplanation : S Rate This:NaN / 5 - 1 votesAdd comment