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'70 Protectionist Strategies to help national economy'80 Economic liberalization: governments begin to encourage exports to help grow economy.'91 Bop Crisis: balance of payments problems. Could not afford to pay essential imports.'95 Stock market Opens'97 Asian Financial Crisis'00 Population reaches I billion'02 Service industry contributes 50% of national GDP.Gulf War, only made the BoP crisis worse'05 Includes Value Added Tax'17 Becomes a one trillion dollar economy
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