The "Asian miracle" refers to the:
A) success countries like Japan, South Korea, and Taiwan have had with export-led growth policy.
B) success countries like Japan, South Korea, and Taiwan have had with import substitution policy.
C) fact that countries like Japan and South Korea have had consistent growth despite their failing industrial policies.
D) high growth in countries like Japan and South Korea despite the absence of a democratic government.
Correct Answer:
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Q59: It's impossible to sustain economic growth or
Q60: Democracy is _ to economic growth.
A) clearly
Q61: Which of the following industrial policies are
Q62: The idea behind the traditional industrial policy
Q63: In terms of industrial policy, clusters refer
Q65: A problem associated with import substitution as
Q66: Tools a government might use to pursue
Q67: Successful export-led growth policy entails:
A) choosing the
Q68: Many Asian countries since the 1980s and
Q69: The traditional industrial policy of import substitution:
A)
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