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Trade Agreement (KORUS) drew U.S. import demand away from other U.S. trading partners through the phenomenon known as trade … diversion. In the two years following the implementation of KORUS, trade diversion was particularly strong for U.S. imports of … South Korea may have increased the U.S.-South Korea bilateral trade deficit, the fact that KORUS diverted U.S. import demand …
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Trade Agreement (KORUS) drew U.S. import demand away from other U.S. trading partners through the phenomenon known as trade … diversion. In the two years following the implementation of KORUS, trade diversion was particularly strong for U.S. imports of … South Korea may have increased the U.S.-South Korea bilateral trade deficit, the fact that KORUS diverted U.S. import demand …
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This paper uses a 53-country 15-industry computable general equilibrium model of trade to analyze the effects of the Korea-China free trade agreement on the Korean economy, the manufacturing sector in particular. The model is based on Yaylaci and Shikher (2014) which uses the Eaton-Kortum...
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