korea

Wayan Alya Muslim

Korea

Korea is a territory of East Asia and a region in northeastern Asia that was formerly unified under one state, but now divided into two separate states. Located on the Korean Peninsula, it is bordered by China to the northwest, Russia to the northeast, and is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea). The Democratic People's Republic of Korea (North Korea) The Republic of Korea (South Korea) Korea was one state until 1948, when it was split into North Korea and South Korea. South Korea, officially the Republic of Korea, is a free market, democratic, and developed country, with memberships in the United Nations, WTO, OECD and G-20 major economies. North Korea, officially the Democratic People's Republic of Korea, has a centrally planned industrial economy, with memberships in the United Nations, ISO, Non-Aligned Movement, ASEAN Regional Forum (ARF), and other international organizations.

Economy of South Korea

South Korea has a market economy which ranks 15th in the world by nominal GDP and 12th by purchasing power parity (PPP), identifying it as one of the G-20 major economies. It is a highincome developed country, with an emerging economy,[