Free Trade Between Korea and the United States? |
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| Author:
| Choi, Inbom
Schott, Jeffrey |
| Series title: | Policy Analyses in International Economics Ser. |
| ISBN: | 978-0-88132-311-5 |
| Publication Date: | Apr 2001 |
| Publisher: | Peterson Institute for International Economics
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| Book Format: | Paperback |
| List Price: | USD $20.00 |
Book Description:
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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...
More DescriptionFree 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.