Free Trade Between Korea and the United States?

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Institute for International Economics, Jan 1, 2001 - Business & Economics - 129 pages
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Free trade agreements (FTAs) are proliferating in the Asia-Pacific region. For the first time, Korea is pursuing such accords as part of a strategy to restructure its economy and sustain the recovery from its 1997-98 economic crisis. Should it open talks with its largest trading partner, the United States? This study examines the economic and political benefits and challenges of pursuing bilateral FTA negotiations, the impact of a prospective pact on other trading partners, on the Asia-Pacific Economic Cooperation (APEC) forum, and on the multilateral trading system.

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Contents

Introduction
1
Bilateral Trade and Investment
7
Bilateral Trade Frictions
33
Copyright

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About the author (2001)

Jeffrey J. Schott, Senior Fellow, was a Senior Associate at the Carnegie Endowment for International Peace (1982-83) & an International Economist at the US Treasury (1974- 82). He is the author, coauthor, or editor of several books on the trading system, including Launching New Global Trade Talks: An Action Agenda (1998), Restarting Fast Track (1998), The World Trading System: Challenges Ahead (1996), The Uruguay Round: An Assessment (1994), Western Hemisphere Economic Integration (1994), NAFTA: An Assessment (rev. ed. 1993), North American Free Trade: Issues & Recommendations (1992), Completing the Uruguay Round: A Results-Oriented Approach to the GATT Trade Negotiations (1990), Free Trade Areas & U.S. Trade Policy (1989), The Canada-United States Free Trade Agreement: The Global Impact (1988), Auction Quotas and United States Trade Policy (1987) & Trading for Growth: The Next Round of Trade Negotiations (1985).

he is a graduate of the Boston University School of Theology, with graduate work in religious education at Boston University and several other universities and seminaries. retired from The United Methodist Publishing House, Gilbert currently co-pastors two small-membership churches in rural Tennessee.

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