Ha, Joonkyung; Lee, Jong-Wha; Sumulong, Lea - East Asian Bureau of Economic Research (EABER) - 2010
The current account surplus of the Republic of Korea (henceforth Korea) increased significantly in the immediate … changes on Korea's trade is not robust during non-crisis periods. Exchange rates only significantly affect trade when … issue. Korea's external imbalances are not only caused by external factors; they also reflect internal and policy factors …