Question
Updated on
21 Jul 2019

  • Korean
  • English (US)
Question about English (US)

Pls help me 😭😭
The Korea Development Institute(KDI) projected a 0.7% growth this year. This gloomy prediction, however, seems to pale in comparison to the 2.6% contraction for the first half of the year. To put it simply, the economy has been indeed in bad shape. Moreover, the figures released by the Bank of Korea are making the anxiety even worse, to a point where KDI’s forecast rather seems optimistic. GDP growth rate in the fourth quarter this year is a decrease of 5.6% from the last quarter, and down 3.4% from the same period last year.

The root of the problem lies mostly in sluggish foreign trade performance; the nation’s exports plunged, and foreign capital invested in Korea started flowing out. As of 2006, the total value of imports and exports accounts for 88.6% of gross domestic income.
Does this sound natural?

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