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What Was Ancient Korea Called? Goguryeo (also spelled as Koguryŏ) was also known as Goryeo (also spelled as Koryŏ), and it eventually became the source of the modern name of Korea. What was Korea called in ancient times? Goguryeo (also spelled as Koguryŏ) was also known as Goryeo (also spelled as Koryŏ), and it eventually