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United States and South Korean FTA...

 
 
Reply Sun 13 May, 2007 02:08 am
Hi I am a korean...

United States and South Korean negotiators struck the world's largest bilateral free trade agreement on Monday, giving the United States a badly needed lift to its trade policy at home and South Korea a chance to reinvigorate its export economy.

It is an article. It said that FTA is a chance to reinvigorate for Korea.
But it is an ostensible reason.
Actually, FTA is our big burden. Our country's laborers opposite FTA
because it strengthens the rich-get-richer and the poor-get-poorer.

I ask you
"Do you agree that FTA is disadvantageous for Korea?"
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Noddy24
 
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Reply Sun 13 May, 2007 06:22 am
Neverdie--

Welcome to A2K.

I'm taking the liberty of footnoting that "FTA" means "Fair Trade Agreement" and providing this link for background information.

http://www.ustr.gov/Trade_Agreements/Bilateral/Republic_of_Korea_FTA/Section_Index.html
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Wilso
 
  1  
Reply Sun 13 May, 2007 06:37 am
Australia's also got an FTA with the US. But since these so called agreements are negotiated, and cover a particular range of goods, it seems to be that they're not free trade agreements at all. They're negotiated agreements.
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