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Brazil won the tournament for a record fifth time, beating Germany 2–0 in the final. North Korea, still officially at war with South Korea, and its allies, Albania, Cuba, Madagascar and Seychelles boycotted the games. For differing motives, Ethiopia, Nicaragua, and Albania (who declared an Olympic-record fourth consecutive boycott) did not participate in the Games. However, the substantially bigger boycotts observed in the earlier 3 Summer season Olympics had been avoided, resulting in the largest ever number of participating nations to that date.

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