A Study on FTA Between Korea and USA
Among already exported to the United States, 70% of the cars and the Hyundai-Kia has local production there.
Instead, the Republic of Korea’s agriculture, financial services, hospital, high-tech industry seems to be smashed. The Free Trade Agreement (FTA) will be more kinds of products by greatly reducing or even eliminating tariffs on trade between the countries is much cheaper to buy and sell to each other suggesting that agreement.
Traditionally, tariffs and other restrictions between the countries made it difficult for free goods across the border both incoming and outgoing. By eliminating or minimizing such constraints, it is FTA like within same country the buying and selling of goods among other countries.
Key words: Duty-Free; FTA; IT; Shipbuilding; High-Tech industry
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