Explain how international trade and trade policy helped South ...

[mynx]

Explain how international trade and trade policy helped South Korea transform itself from an underdeveloped country to a high-income country in the space of a single generation. You might begin by discussing South Korea's trade strategy.
 
  Why is international trade of such vital importance to South Korea?

Question 2

In a country with floating exchange rates, the increase in the real income is the result of a(n) ________ in the money stock when capital mobility is ________.
 
  A) increase; high or low
  B) decrease; high or low
  C) increase; high
  D) decrease; low

[kingdude89]

Answer to Question 1

Discussed in the case study.

Answer to Question 2

A

[mynx]

Thank you

[kingdude89]

No problemo