Japan, South Korea, Hong Kong, and Taiwan used which economic approach to increase their per capita GDP after World War II?
A) Dependency theory
B) Export-led growth
C) Import substitution industrialization
D) Modernization theory
E) Neoliberalism
Question 2
The 2008-2010 stimulus package adopted by US policymakers is a good example of
A) classical realism as laid out by Morgenthau.
B) economic liberalism.
C) policy choices based on theoretical insight.
D) power differentials leading to policy choices.
E) theory being derived from observable outcomes.