How does North Korea make money?

April 09, 2013 15:02

There's a reason that the historical nickname of the "Hermit Kingdom" for the old unified Korea is now applied to the closed North Korea - officially known as the Democratic People's Republic of Korea (DPRK).The country is notoriously difficult to get information on and its sanctions-hit economy is said to operate on a number of different levels, including a black market, with the government not even releasing official trade statistics.CNN examines the North Korean economy and how Pyongyang generates its income. Read

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