Directions: In the following question, four statements are provided. These statements form a coherent paragraph when properly arranged. Select the alternative representing the proper and logical sequencing of these statements.
A. Principally this involved a rapid expansion of the export of manufactured goods. B. So, where did all this direct investment (as opposed to indirect or portfolio investment through financial markets) go? C. This brings us to the third, most commonly cited reason for East Asia's economic success, namely the rapid development of export-orientated industries and government policies that encouraged the promotion of trade. D. Governments throughout the region were hell-bent on developing export industries.