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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 946 |
Essay's paper body
To achieve this purpose, it focused its policies mainly on export expansion moving its emphasis from import substitution. The result was considered quite successful for economic growth.
The success of the expansion was due primary to three factors. The first was a favorable international economic environment, which saw total world imports expand...
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The first was a favorable international economic environment, which saw total world imports expand. This boom in imports reflected the fact that the industrialized economies had not yet erected import barriers against exports from developing countries and were active importers of cheaper goods from countries such as Korea...
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