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As first noted by Goldman Sachs, the fastest-growing economies during the next half-century are going to be Brazil, Russia, India and China -- BRIC, for short. Investing in these emerging markets can provide excellent returns.
However, before putting your money to work in companies with exposure to these countries, remember that there are more risks than investing in U.S. stocks.
First, the accounting standards in other countries are not as reliable as ours. Second, there are currency and inflation risks. Finally, there are political risks, especially with former Communist countries. ...
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