Reference no: EM132631410

a) Which of these economies, the Japanese, South Korean, and Chinese, have structures that have been created by capital scarcity? Identify three such structures and briefly explain how each one helps to solve this problem of capital scarcity.

b) Which structure or structures, if any, in the Japanese economy, have been created by the high costs of doing business in the market? Explain how this structure or structures reduce these costs.

c) The Asian economies are often described as dualistic. Name at least one business structure, from either the Japanese or the South Korean economy, that takes advantage of the dualism in these economies.