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SOUTH KOREA is a democratic country on the southern part of the Korean Peninsula. The only bordering country is North Korea. Unlike North Korea, South Korea has a vital and prosperous economy thanks in part by the aftermath of the Korean War and American influence. Between North and South Korea is the infamous heavily-guarded Demilitarized Zone (DMZ). The capital of South Korea is Seoul, also spelled Sŏul. The currency is the South Korean Won (₩), and its ISO 4217 currency code is KRW.
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