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The Economic Effects Of Economic Cooperation Of Korea, China, And Japan, Young Park, Kabsung Kim, James Harrington

James W. Harrington Jr.

Today's world economy is changing on a daily basis with extensions in the economic cooperation of various countries. With the deepening of the so-called block economy, as in the case of Korea where reliance on other countries is high, any form of a weakened foreign trade might result in the decline in competitive power and retardation in economy growth of participating country states. The purpose of this study is to examine each stage of the industrial development of Korea, China, and Japan, as well as to establish the specialization strategy of industry from this economic cooperation perspective. Thereafter, the effects …