Compose a 2750 words essay on Audit of international fashion marketing. Needs to be plagiarism free!
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Concomitant with the above stated, it is further important to emphasise that South Korea has been recognized for its economic expansion, which was in a shorter period of time than any other country in modem history (Holstein &. Nakarmi, 1995). While economic growth was stalled by the onset of the Asian Financial Crisis, S. Korea has since recovered. It reported GDP growth of 8.8 percent in 2000 and 2.7 percent in 2001 (Bureau of Economic and Business Affairs, 2002, pp.1-3). Despite Korea’s current economic fluctuation, it is still a major Western export market. In 2001, Korea was the eighth largest overall trade partner of the U.S., up from ninth in 1998 (U.S. Census Bureau, 2001, p.8). Korea is the sixth largest market for Western exports (U.S. Census Bureau, 2001, p.8) and the U.S. alone provided twenty percent of Korea’s imports for the first eight months of 2001 (Bureau of Economic and Business Affairs, 2002, pp. 1-3). With increasing trade between the West and Korea, it is important for U.S. exporters who are targeting Korean markets, to understand Korean consumers’ purchasing behavior.
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