« previous next »

Author Question: Japan and Korea use or have used many industrial policies, and they are both considered to be ... (Read 54 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Japan and Korea use or have used many industrial policies, and they are both considered to be countries that have developed successfully. Does that mean that the industrial policies caused their successful development?
 
  What will be an ideal response?

Question 2

In the high-growth Asian economies, inflation is kept under control and budget deficits and foreign debt levels are kept within the ability of the governments and the economies to handle them, which is quite different from the past experience of the Latin American region.
 
  Indicate whether the statement is true or false
International Economics ¦ Gerber ¦ 6th Edition
Buy Test-Bank


Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

Opponents of industrial policies continue to argue that sound macroeconomic policies, high rates of saving and investment, and high levels of schooling were the keys to success in those two countries, and that industrial policies were a distraction at best. It is difficult to determine cause and effect in economic development.

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Tibetan wolf in Tennoji Zoo, Osaka, Japan Tibetan wolf in Tennoji Zoo, Osaka, Japan
A pygmy hippopotamus rests in some water to help prevent its skin from cracking at Ueno Zoo in Japan A pygmy hippopotamus rests in some water to help prevent its skin from cracking at Ueno Zoo in Japan
A nineteenth-century Japanese portrait of Commodore Matthew Perry, who “opened up” Japan in 1854. A nineteenth-century Japanese portrait of Commodore Matthew Perry, who “opened up” Japan in 1854.
Industrial Regions Industrial Regions
Types of Policies Important for a Massage Therapy Practice Types of Policies Important for a Massage Therapy Practice
GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009 GDP per Capita in the United States, the United Kingdom, and Japan, 1870–2009
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library