Final answer:
The proper term to describe S F's expansion into Asian markets is export-led industrialization, following the example of the East Asian Tigers. This strategy is historical, focused on economic growth and taking advantage of emerging consumer markets and production efficiencies.
Step-by-step explanation:
The term that would be proper to describe what S F is doing with its own expansion into the Asian markets is export-led industrialization. This is exemplified by the economic models of the East Asian Tigers, which include Taiwan, Singapore, Hong Kong, and South Korea, which experienced high growth rates and pursued aggressive economic expansion into global markets.
The expansion aligns with historical patterns where access to East Asian markets signified commercial success for global powers. The strategies often include leveraging lower production costs, tapping into new consumer bases, and taking advantage of foreign investment incentives.
Reviewing historical contexts, countries like Japan and the United States sought to open Asian markets for trade, understanding the significant economic potential of regions like China. The United States, through efforts like the Open Door policy and acquiring strategic bases such as the Philippines, aimed to establish strong commercial ties with Asian markets. In modern times, multinational corporations continue to focus on Asia, driven by the region's rapidly growing economies and favorable production environments, such as those found in China's Special Economic Zones (SEZs).