The economic effects of a Korea.China FTA on Gwangju-Jeonnam Region - Mainly Agricultural and Marine Products -

한.중 FTA체결이 광주.전남지역에 미치는 영향에 관한 소고

  • 정철기 (광주대학교 부동산금융보험학과)
  • Published : 2008.12.24

Abstract

The economic development system of Korea is based on export-oriented strategy and the free trade agreement. So Korea is trying to conclude the free trade agreement with China, Japan, and EU. The reason is that Korea will have more chances to develop there economy scale and trade surplus, but it will give the worst economic situation. The research showed that the effects of FTA on Korea's GDP will be much greater than China's and Korea's trade surplus with China will expand in the manufacturing sector, but agricultural and marine products are layed in opposite situation. Especially comparing with other Provincial, Gwangju Jeonnam has a relative importance portion of agricultural and marine products. So, Gwangju Jeonnam have to prepare the effects of agricultural and marine products under the Korea China FTA.

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