Korea-U.S. FTA: Prospects and Analysis

Inkyo Cheong, Yunjong Wang
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In this paper, we have focused on the effects of tariff reduction. A more comprehensive analysis – particularly, the one which considers the effects of preferential rules of origin – yet remains undone. And while economic considerations should be the logical starting point, political benefits and burdens of signing an FTA, which this paper only briefly addresses, also require further study.