North South Korean Relationship

Given the political and social situation which Korea is more likely to develop enterprises?

• South Korea

• North Korea

What kind of risk is most likely associated with North Korea?

• Political

• Economic

• Legal

It was easy for South Korean companies to adapt for the North Korean consumer preferences while operating in Kaesong.

• True

• False

Imagine yourself a manager of a company, striving to enter the North Korean special economic zone back in 2010-s.

Who is the primary contractor in this country you need to agree with, taking into consideration the state of political and economic areas in North Korea?

• The local authorirties

• The special trade union

• The government

• The export/import department

What is the main emphasis of North Korea's economic policy?

• Openness to foreign investment

• Self-reliance and the centrality of the state in economic and social life

• Decentralized planning and resource allocation

• Heavy reliance on the agricultural sector

Which of the following products was actually traded between North and South Korea during economic cooperation in 2005?

• Smartphones

• Cosmetics

• Luxury Cars

• Designer Handbags

When was the Kaesong special economic zone inaugurated?

• 2002

• 1999

• 2004

• 2003

How many South Korean companies established operations in the Kaesong special economic zone over the years ?

• 130

• 120

• 110

• 140