Exam 16: Export-Oriented Growth in East Asia

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Export promotion is widely regarding by economists as a positive role for government policy makers to play because it is very effective at promoting economic growth.

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One of the functions of deliberation councils is to

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Rent-seeking activities have been a major problem in the HPAE and contributed greatly to the Asian financial crisis.

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Which of the following is NOT a contributing factor into why the HPAE were able to rapidly accumulate physical and human capital?

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One economic advantage of a large share of exports in GDP is that countries

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Which of the following has not been promoted by HPAE?

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Which of the following economic conditions cause export growth to be a basis for faster overall economic growth?

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Each of the HPAE promoted manufactured exports.

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Which of the following was NOT part of Korean industrial policies?

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