=+1. The interest rate on South Korean government securities with oneyear maturity is 4 percent, and the

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=+1. The interest rate on South Korean government securities with oneyear maturity is 4 percent, and the expected inflation rate for the coming year is 2 percent. The interest rate on U.S. government

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=+1. The interest rate on South Korean government securities with oneyear maturity is 4 percent, and the

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International Business: Competing In The Global Marketplace

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