Services Trade Liberalization in the Canada-Korea Free Trade Agreement Revisited

Author(s):  
Dan Ciuriak ◽  
Ali Dadkhah ◽  
Jingliang Xiao
2004 ◽  
Vol 3 (3) ◽  
pp. 94-116 ◽  
Author(s):  
Hyun-Hoon Lee ◽  
Chan-Hyun Sohn

South Korea recently signed a free trade agreement (FTA) with Chile and is currently negotiating or studying bilateral FTAs with about 20 countries. However, some South Koreans oppose such agreements because they fear that trade liberalization would result in costly factor adjustment. Many researchers believe that intra-industry trade expansion generates smaller inter-industry factor adjustment (and therefore lower costs) compared with the costs associated with inter-industry trade expansion. This paper analyzes the extent and nature of intra-industry trade and marginal intra-industry trade in South Korea, to help predict the relative costs it might face upon opening its markets to various countries.


Author(s):  
Abeer Elshennawy

This paper investigated the sources of competitive pressure facing the Textile and ready made garment producers in the course of trade liberalization within the framework of the free trade agreement concluded between Egypt and the European agreement. The main sources of competitive pressure and the main impediments to efficient adjustment to free trade were found to be institutional in nature namely the custom law. Competitive pressure further arises due to the recession and due to the scarcity of some inputs like skilled labor and capital.


2021 ◽  
Author(s):  
Juan Felipe Ladino Mateus

Trade liberalization has the potential to generate gains in an economy. Nevertheless, sensitive sectors like agriculture present difficulties because of the need to adapt to the new competition. Consequently, trade policy may affect economic conditions and lead to incentives for illegal activities. Using municipal level data for Colombia, I examine the effect of trade liberalization in the agricultural sector on coca crops. Using a difference-in-differences strategy in the Colombia-US Free Trade Agreement framework, I find that municipalities that depend highly on the cultivation of the most important crops present a differential decrease in the area covered with coca after the agreement implementation. The effect is consistent with incentives from more market access and more imports of lower-price inputs. I find that credit access drives the decrease in coca. Nonetheless, small farming decreases the impact. The results highlight the importance of trade, complemented with other policies, as a tool for development.


2020 ◽  
pp. 26-39
Author(s):  
Marcos Noé Maya Martínez

In Mexican agriculture there are branches and regions that have benefited from the trade liberalization and economic integration under the North American Free Trade Agreement (NAFTA), but there are sectors, essentially those of basic grains that have been affected by liberalization, which exacerbates the country's food dependence. To understand the trends already in the framework of the United States, Mexico and Canada Agreement (USMCA) a projection (extrapolation) of the next 11 years will be made, based on the behavior already analyzed.


2003 ◽  
Vol 45 (4) ◽  
pp. 63-95
Author(s):  
Patrick Cronin

AbstractThis study examines Mexico's unilateral trade liberalization experience from 1985 to 1988. It traces the origins of policy change to officials in the Central Bank, who took advantage of periodic economic crises to pursue their agenda. Opposing them were bureaucrats tied to an industrial sector that also objected to substantial trade liberalization. Mexico's institutional structures influenced the balance of bargaining power as reform supporters and opponents bitterly fought to define the scope, depth, and timing of the implementation process. Successful implementation led to the emergence of business interests in favor of free trade—interests that would provide crucial backing for the North American Free Trade Agreement.


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