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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 empirically investigates the effect of the EU-South Korea free trade agreement (FTA) on manufacturing trade flows. By applying a state-of-the-art structural gravity model with intranational (i.e., domestic) trade and using disaggregated data, we quantify both the trade impact and the...
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