The Common Traits Shared by the Newly Industrializing Economies of the Pacific

The common traits shared by the newly industrializing economies of the Pacific Rim that have experienced rapid economic growth include

A) export-oriented strategies and subsidized private production of most goods and services.
B) agriculture-oriented growth strategies and government production of most goods and services.
C) export-oriented growth strategies and limited the role of governments mainly to infrastructure and institutional development and enforcement of laws.
D) emphasis on the quantity of output rather than the quality and a large public sector.

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