© Raymond A. Hopkins 2017, corrected publication 2018 2017
Raymond A. Hopkins, Grow Your Global Markets, https://doi.org/10.1007/978-1-4842-3114-2_8
Raymond A. Hopkins1
(1)Chandler, Arizona, USA
The original version of this chapter was revised. An erratum to the chapter can be found at https://doi.org/10.1007/978-1-4842-3114-2_17
As South Korea shows, active participation in international trade does not require free trade. Indeed, had South Korea pursued free trade and not promoted infant industries, it would not have become a major trading nation. It would still be exporting raw materials (e.g., tungsten ore, fish, seaweed) or low-technology, low-price products (e.g., textiles, ...
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