Strategies for Development: Export Promotion

With the 1997 East Asian economic crisis, in which country did IMF-recommended belt tightening measures lead to open rebellion and many deaths?

Indonesia

What is true about the trans-pacific partnership

It was signed by 11 countries to counter China's growing strength and help set the rules of the economic road along the Pacific Rim It was hotly disputed by both the left and right wings of the U.S. political spectrum The Trump administration pulled the U.S. out of the agreement upon coming to office

Which country was at the head of East Asia's "flying geese"?

Japan

In export processing zones (EPZs)

Products are assembled with duty-free imported parts and then exported

Mercantilist approaches to industrialization, seeking to establish desired trade balances and trade profiles, include:

Promoting exports and protecting the economy by restricting imports

Examples of an "export promotion" techniques include

Protection of infant industries focused on exports Undervalued exchange rates Direct export subsidies

Which countries were known as East Asia's "four tigers," following Japan with the export promotion strategy:

South Korea, Taiwan, Hong Kong, Singapore

Where did the 1997 East Asian economic crisis begin?

Thailand