By this time, not much is left of the loan. Our chaebul has overseas operations, which must be covered with US dollars. Of course, our chaebul has to pay back all loans with hefty interests tacked on. Yes, indeed, they do. Korean cars and electronic devices are sold all over the world.
Ships made in Korea carry crude oil and other cargo in all seas of the globe.
Korean construction companies build major highways, airports and irrigation canals in various parts of the world. There are many problems. Chaebuls take too much out of the cash register tills and the tills have too many hands dipping in. Certain production and distribution costs are fixed in dollars. For example, American distributors require certain minimum profits and overhead costs.