Recently,many Asian countries have:

Question

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Many Asian countries, such as China and South Korea, have adopted export-led growth policies in the recent decades. This means they have focused on producing goods and services for export markets, rather than relying on imports. This strategy has been successful in driving economic growth and development in these countries. Import substitution policies, on the other hand, involve promoting domestic production by substituting imports with domestically-produced goods. However, this strategy has fallen out of favor in many countries due to its high cost and limited effectiveness.

Recently,many Asian Countries Have