The rise of North Korea?

Recently, the United States has dropped North Korea from the list of state sponsors of terrorism. This opens a new window of opportunity for trading in North Korea with the United States. With a current exchange rate of 135 Korean Won’s equivalent to a US dollar, North Korea is trying to improve this in order to earn more “bang for their buck”. Currently, there are very few small business’ in North Korea and this is an issue that the North Koreans are trying to improve. In order to improve this, they need to industrialize, opening more job opportunities. After these jobs are open, there are more people that are willing to take the risk involved in creating a small business. Under the leadership of Kim Jong Il this is difficult, but North Korea is trying their best in order to get away from the stereotypes that come from the country. Although they are fighting against the world, most notably the US, in order to get back on track, they must start from scratch. It may not be desirable to trade with North Korea, but the North Korea may offer resources that other countries do not have. Despite the fact that the world is against them, they need business in order to stimulate the economy. I do not endorse the idea of trading with North Korea, but it would help their economy astronomically.