South Korea has indeed had success with an export-led growth policy, choosing to encourage exports instead of supporting import substitution. They have also selected certain companies, like Samsung, to invest in and support, which is consistent with choosing "winners" to invest in. Therefore, all of the statements are true.

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South Korea Has

Question 70

Multiple Choice

South Korea has:

A) had success with export led growth policy.
B) chosen "winners" to invest in by supporting companies like Samsung.
C) chosen to encourage exports instead of supporting import substitution policy.
D) All of these statements are true.

Correct Answer: