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We explored a comparative static computable general equilibrium model with six regions and 12 sectors to estimate the impacts of the recent UK–Korea free trade agreement (FTA) along with the European Union (EU)–Korea FTA. The empirical results provide quantitative evidence of the impact on national GDP, national exports and imports by sector, and the changes in exports or imports among the United...
Launched in 2013, the China–Japan–Korea Free Trade Agreement (CJKFTA) negotiations have slowed in recent years. The three countries have convened at 14 rounds of negotiations but failed to make any substantial breakthrough. A number of previous studies have presented a crisis‐driven approach in explaining the progress of the CJKFTA, and argue that the accomplished China–Korea Free Trade Agreement...
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