Author Question: South Korea and Taiwan, after their economic crisis in the late 1980s, found the following strategy ... (Read 81 times)

jilianpiloj · **on:** Sep 4, 2018

South Korea and Taiwan, after their economic crisis in the late 1980s, found the following strategy to help them cope:

a. passing more stringent rules about capital flight.
b. democratization.
c. reducing the amount of financial information that is shared with the public.
d. reducing their amount of investment in foreign markets.
e. limiting the amount of foreign investment in their markets.

Question 2

International debt results from a protracted imbalance in capital flowsa state borrowing more than it lendsto cover a chronic trade deficit or government budget deficit.

Indicate whether the statement is true or false.