Free Trade Between Korea and the United States?
Institute for International Economics, Jan 1, 2001 - Business & Economics - 129 pages
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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Bilateral Trade and Investment
Bilateral Trade Frictions
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0core Allocative efficiency analysis antidumping APEC ASEAN Asia Asian bilateral FTA bilateral trade capital CGE models Chile China closure CM CM CM CO CM COCO comparative advantage computable general equilibrium current account database dd dd dd dollars equilibrium European Union exports to Korea fast-track Fred Bergsten Free Trade Agreement Free Trade Areas FTA negotiations FTA talks Full liberalizatio0 Global Trade gravity model GTAP model Hufbauer imports income industry initial Institute for International International Economics investment ISBN Japan Jeffrey John Williamson Korea-Japan FTA Korea-US FTA Korean exports Korean market Lo0g ru0 Medium ru0 Mexico millions of 1995 multilateral NAFTA percentage change political region Schott sectors simulations Source Table Taiwan tariffs Textiles and apparel trade barriers trade creation trade diversion trade pact Trade Policy trade reforms trading partners U0ited United US-Korea Washington welfare gains World Trade