Hostname: page-component-55f67697df-xlmdk Total loading time: 0 Render date: 2025-05-10T23:18:05.827Z Has data issue: false hasContentIssue false

The Korea-U.S. Free Trade Agreement, the Kaesong Industrial Complex, and U.S.-Korea Relations

Published online by Cambridge University Press:  07 May 2025

Rights & Permissions [Opens in a new window]

Extract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

A free trade agreement is one form of trading bloc, a preferential economic arrangement amongst a group of countries that reduces barriers to trade. Trading blocs have emerged as the most debated topic in world trade. While countries around the world are making efforts to harmonize interests through trading blocs, these groupings are also emblematic of difficulties associated with the current global trading system under the World Trade Organization (WTO).

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Authors 2007

References

Byun, S.K., “Global Eye: Work for a Win–Win Agreement,” Joong Ang Daily, http://Joongangdaily.joins.com, February 7, 2006.Google Scholar
Hennessay-Fiske, M., “Congress Likely to Clash with Bush on Trade,” latimes.com, November 12, 2006.Google Scholar
Hitt, G. and King, N. Jr., “Democrat Gains Raise Roadblocks to Free-Trade Push,” The Wall Street Journal, WSJ.com, November 15, 2006.Google Scholar
Hunter, L. C., “Europe 1992: An Overview,” Economic Review, Federal Reserve Bank of Dallas, January 1991, pp. 1727.Google Scholar
Kim, S. and Kim, S. H., Global Corporate Finance, 6th edition, Oxford, Blackwell, 2006, pp. 3943.Google Scholar
Lee, D. H., “Diplomatic and Security Significance of the ROK–U.S. FTA,” Korea Focus, Autumn 2006, pp. 122131.Google Scholar
Lim, E. C., “Kaesong Industrial Complex: Pending Issues and the Task of International Cooperation,” ICNK Forum, at http://icnk.or.kr, on July 13, 2006.Google Scholar
Lim, S. H. and Lim, K. T., “Special Economic Zones as Survival Strategy of North Korea,” North Korean Review, Fall 2006, pp. 4761.CrossRefGoogle Scholar
Manyin, M. E. and Cooper, W. H., “The Proposed South Korea–U.S. Free Trade Agreement (KORUS FTA),” CRS Report for Congress, May 24, 2006.Google Scholar
Office of the United States Trade Representative, “Trade Facts, FTA: United States and Republic of Korea Economic and Strategic Benefits,” www.ustr.gov, November 22, 2006.Google Scholar
Ronkainen, I. K., “Trading Blocs: Opportunity or Demise for Trade?Multinational Business Review, Spring 1993, pp. 118.Google Scholar
Schott, J. J., Free Trade Agreement: U.S. Strategies and Priorities, Washington, D.C., Institute for International Economics, 2004, Chapter 13.Google Scholar
Schott, J. J., Bradford, S. C., and Moll, T., “Negotiating the Korea–United States Free Trade Agreement,” Number PB06-4, Institute for International Economics, Washington, D.C., June 2006.Google Scholar
Yoo, W., “The Gaesong Industrial Complex and the Korea–U.S. FTA: Part A,” ICNK Forum, posted at http://icnk.or.kr on July 28, 2006, and the paper's Part B, posted at the same site on August 14, 2006.Google Scholar
Watts, W., “The Korea–US Free Trade Agreement: KORUS FTA View of Experts and Concerned Parties: Opinion Survey Report #2,” www.keia.org, November 22, 2006.Google Scholar