Which of the following was a key feature of the South Korean agreement with the IMF following the rescue deal in 1997?
A)Opening up of the Korean economy and banking system to foreign investors
B)Give more autonomy to the chaebol by increasing their share of bank financing
C)Lowering of interest rates to near-zero levels to spur investment
D)Introduction of trade-related subsidies and stringent import licensing norms

Question

Quizplus · Accepted Answer

The agreement with the IMF called for the South Koreans to open their economy and banking system to foreign investors.

Which of the Following Was a Key Feature of the South