Fabiosa, Jacinto F.; Hayes, Dermot J.; Dong, Fengxia - 2007
The recently signed Korea-U.S. Free Trade Agreement (KORUS FTA) grants the U.S. livestock industry with preferential … access to South Korea's import market. This study evaluates the likely impacts of the KORUS FTA on the U.S. livestock sector ….Using the Food and Agricultural Policy Research Institute's modeling system, we find that livestock prices increase by 0.5% to 3 …