Industries and Exports
The two companies that we are visiting in South Korea
What are Pangyo Techno Valley Startup Campus and Cheil Worldwide?
The South Korean currency
What is the South Korean Won?
The age limit for obtaining your South Korean CPA license
What is no age limit?
South Korea's Market Index Safety Value dropped to 0 a few years ago because of this reason
What is COVID?
Name two of South Korea's top five exports
1. Semiconductors
2. Automobiles
3. Refined Petroleum Products
4. Office Machine Parts
5. Car Parts and Accessories
The country with the higher GDP: US or South Korea?
What is the US?
The current reporting standards that South Korea uses
What is the IFRS?
The percent of the South Korean economy that the financial sector makes up (roughly)
What is 50%
The percent of South Korea's GDP that is made up the manufacturing industry
A Big Mac cost this much in South Korean Won
What is 6,300 Won?
These types of Korean companies do not follow IFRS
What are private/unlisted entities?
The meaning of MUNFI
What is any nonbank financial institutions?
The percent of the Dynamic RAM market that South Korea has
What is 73 percent?
A reason that South Korea's fertility rate is so low (at least one reason)
What is:
1. Rise in cost of living
2. Decrease in marriage rates
3. Greater priority on work vs. family
The year that South Korea transitioned from KGAAP to IFRS
When was 2011?
The number one commercial bank in South Korea
What is K B Kookmin Bank?
The year that South Korea hit the $10 billion mark of exported goods
What is 1977?
This is South Korea's fertility rate (within +/- .1)
What is 0.78 births per women?
An annual requirement after obtaining your South Korean CPA license
What are professional development courses?
The age that the mobile banking usage percentage falls below 90% in South Korea
What is 60+ years old?