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The Proliferation of Regional Trade Agreements and Implications for Korea

Author

Listed:
  • Cheong, In-Kyo

    (Korea Institute for International Economic Policy)

Abstract

After the WTO system came into effect, the trend of signing new regional trade agreement also lasts. Every county has been positively using regional trade agreements at the strategy level. In order to minimize the loss caused by treading the countries out of the preference trade agreement differently, WTO regulated the level allowed in regional trade agreement. But actually, the way that eliminates the different factors of the countries out of the regional trade agreement through WTO has its limitation. Therefore, it is necessary for Korea to change its position in the direction of insuring the economic substantial results by way of signing regional trade agreement positively.

Suggested Citation

  • Cheong, In-Kyo, 1998. "The Proliferation of Regional Trade Agreements and Implications for Korea," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 2(4), pages 3-21, December.
    • Handle: RePEc:ris:eaerev:0286
    DOI: 10.11644/KIEP.JEAI.1998.2.4.29
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    More about this item

    Keywords

    Regional Trade Agreements; WTO; Free Trade Agreement;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations

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