Korean Won
South Korea has become a manufacturing powerhouse. The quality of Korean goods such as Samsung Electronics, Hyundai and Posco meets and often exceeds Japanese competitors. In spite of a weak yen, South Korea maintains competitive advantage versus Japan. South Korea’s fiscal health is also strong with a 35% debt to GDP, 3.3% GDP growth, and 3.8% current account surplus.
- Part of Speech: proper noun
- Industry/Domain: Financial services
- Category: World currencies
0
Other terms in this blossary
Creator
- Sanket0510
- 100% positive feedback
(Mumbai, India)