• Title/Summary/Keyword: Trade administration

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The Development Programs of State-operated Trade Corresponding WTO/DDA Agriculture Negotiation (WTO/DDA 농업협상에 대응하는 국영무역 발전방안 연구)

  • Lee, Byung-Ki
    • Journal of Agricultural Extension & Community Development
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    • v.10 no.2
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    • pp.211-227
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    • 2003
  • According to the TRQ system created by WTO agreement on agriculture, Korea notified the WTO of the application of tariff rate quotas for 67 agricultural commodities(now, 63 commodities). Among these government administrate state-operated trade for 17 commodities. However, WTO/DDA negotiation will bring about lowering tariffs and increasing quantities of tariff quota. This study suggest the development programs corresponding WTO/DDA agriculture negotiation. First, from the viewpoint of the protection of domestic agriculture & improving transparency of agricultural import administration, the administration system of the state-operated trade will be necessary to be transformed for market oriented methods. Second, the administration system of the state-operated trade will be necessary to be rendered unified organization also. The current system of the state-operated trade shows the phenomena og many divergency. And third, The quantities of market access of FTA between Korea and Chile will be desirable to be administrate by state-operated trade. Because, according to diffusion of FTA treaties, the amount of market access quantities of FTA increase rapidly henceforth.

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A Study on the Present Characterristics of Fisheries Import from the Change of International Trade Environment (국제무역환경의 변화에 따른 수산물 수입의 성격 구분에 관한 연구)

  • 장영수
    • The Journal of Fisheries Business Administration
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    • v.28 no.1
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    • pp.27-49
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    • 1997
  • The purpose of this paper is to widen the viewpoint of fisheries trade which has been discussed under the coventional comparative advantage theory based on price difference between exporting country and importing country. therefore the paper tries to find out \circled1 the characteristics of several factors which has enabled fisheries trade compared to manufactured goods trade. \circled2 the development pattern of such factors and the present influence of such factors on current fisheries trade. \circled3 the present characteristics of fisheries trade especially fisheries import under the context of the logic of international fisheries trade.

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A Study of Korea Sea East Trade Promotion Policy in East-North Asia (동북아지역 수산물 교역에 있어서 한국의 무역 진흥 전략)

  • 장영수;김병호;김기수;박명섭;정형찬;어윤양
    • The Journal of Fisheries Business Administration
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    • v.32 no.1
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    • pp.125-149
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    • 2001
  • The study tries to suggest policy proposals for enhancing competitiveness of our country as the base of fisheries logistics in East-North Asia. The study strongly recommends the adoption of the system of fisheries free trade area(FTA) to achieve the object under the analysis of structure of international fisheries trade in East-North Asian countries.

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The Impact of Trade Openness on Economic Growth in China: An Empirical Analysis

  • Hye, Qazi Muhammad Adnan;Wizarat, Shahida;Lau, Wee-Yeap
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.3
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    • pp.27-37
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    • 2016
  • This study uses an endogenous economic growth model to determine the long run relationship between trade openness and economic growth in China by using the data 1975-2009.It contributes to the literature by developing trade openness index. An autoregressive distributed lag approach to cointegration and rolling regression method are employed. This study tests the link between trade openness and economic growth in the case of China by using the framework of endogenous economic growth model. This study also employs the rolling window regression method in order to examine the stability of coefficients throughout the sample span. The autoregressive distributed lag (ARDL) cointegration technique and rolling regression method are used. The empirical findings indicate that trade openness (i.e. Both individual trade indicator and composite trade openness index) are positively related to economic growth in the long run and short run. Our results indicate that trade openness as measured by individual trade indicator and composite trade openness index are positively related to economic growth in the long run and short run. However, results from the rolling window suggest that trade openness is negatively linked to economic growth only for a number of years.

A Study on Efficiency for the Department of Trade in Universities

  • Park, Hyun-Chae;Kang, In-Kyu
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.52
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    • pp.97-118
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    • 2011
  • 85% of South Korea's gross domestic product(GDP) depends on trade. Exports amount in 2011 exceeds $ 5,000Billion. Korea is expected to achieve $ 1 trillion in total trade volume and will become finally the ninth in the world. We do not have a lot of natural resources and are bound to export the finished products to pursue economic development. In other words, trade sector is very essential for Korea to continue economic growth. The department of trade in universities have brought up the concerned students serving for trade sectors. Currently, "half-price tuition" in universities has become very controversial issue in Korea so this paper studies the efficiency of "the Department" because the universities may reconsider the adjustment of tuition fee, if they can enhance the efficiency level. DEA model is used for the analysis. As a result, 8 DMUs like KAN1, KEI5, BAE10 etc. show relatively higher efficiency levels.

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An Analysis of the Effect of Korea-China Free Trade Agreement on Korea's Fisheries Trade (한.중 FTA 체결 시 관세 철폐가 우리나라 수산물 교역에 미치는 영향)

  • Kim, Ki-Soo;Lee, Sang-Sook
    • The Journal of Fisheries Business Administration
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    • v.43 no.2
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    • pp.1-14
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    • 2012
  • The main purpose of this study is to analyze the effect of Korea-China free trade agreement(FTA) on Korea's fisheries trade using the partial equilibrium analysis model of Feenstra(1995). The study tries to show the impact on trade flows and welfare of the elimination of tariffs Korea-China FTA on Korea's fisheries sector among several scenarios of trade liberalization. The results of the study indicate that the increase of fisheries export to China is lower than that of fisheries import from China. Therefore Korea-China FTA results in the decrease of domestic of fisheries production even though total welfare effect is positive. The study suggest several policy proposals for soft-landing of Korea-China FTA on Korea's fisheries sector. One of them is to lengthen the term of tariff elimination to minimize the impact on domestic fisheries sectors.

A Comparative Analysis on the Foreign Trade ACT between Korea and China (한국과 중국의 대외무역관리제도 비교분석)

  • Kim, Chang-Bong;Hong, Gil-Jong
    • International Commerce and Information Review
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    • v.7 no.3
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    • pp.213-228
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    • 2005
  • China is our second largest trade partner and the biggest country of our investment. For this reason, the Korea active strategy for coping with China's changes is very critical at the current point in time due to the economic structure of Korea dependent on exports. This essay is aimed at studying the Foreign Trade Administration System of China and selecting Korea's prospective exports-imports to China. The purpose of this, essay is to help Korean trading corporation to understand the difference between Korea and China in foreign trade administration in order to promote bilateral trade between Korea and China.

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Oil Prices and Terms of Trade of Saudi Arabia: An Empirical Analysis

  • HAQUE, Mohammad Imdadul;IMRAN, Mohammad
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.201-208
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    • 2020
  • Terms of trade is an important indicator of the welfare gains from international trade to the exporting country. Terms of trade of oil-exporting countries are hypothesized to depend primarily on oil prices. The study assesses the relation between oil prices and the terms of trade of Saudi Arabia. The study uses the Autoregressive Distributed Lag method to determine the cointegration between the country's terms of trade and oil prices for the period 2000-2018. The data for net barter terms of trade is taken from World Development Indicators and oil price is taken from Saudi Arabian Monetary Agency. The results show that oil prices and terms of trade are cointegrated and any disequilibrium between the two variables is corrected by 35% in a year. The study also reports a positive relationship between the two items, both in the short run and long run. Diagnostic tests indicate the model to be fit. The results suggest that, for a primarily oil-producing country like Saudi Arabia, the terms of trade depend on oil prices. The study fills the gap in the literature on the study of terms of trade for Saudi Arabia for the last few years, where there has been a high volatility in oil prices.

A study on the Korea's global e-Trade marketing spreading strategy (글로벌 전자무역 마케팅 확산전략에 대한 연구)

  • Park, Yong-Hwan;Lee, Seung-Kwan
    • The Journal of Information Technology
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    • v.7 no.3
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    • pp.99-112
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    • 2004
  • Internet is changing all of the commercial practices and customs on international business transaction. So called e-Trade in global marketing is expected to dominate the global trade in 21st century and thus is being introduced as a major mission assignment for exporting countries. e-Trade has the potential to accelerated existing threads and introduce new ways of carrying out global trade. It is especially important in Korea, which has a high dependency rate on trade. Trade efficiency through the channel of e-Trade is an alternative to strengthen international competition of korean small and medium sized global trading firm.

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Does National Distance Affect Different Industries in Different Ways? A Test of the Ghemawat CAGE Model

  • Kim, Hak Cho;Kwon, Jong-Wook;Zhou, Zhibin;Heo, Ji Hyun
    • Journal of Korea Trade
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    • v.23 no.7
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    • pp.13-33
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    • 2019
  • Purpose - This study empirically investigated whether national distances (Cultural, Administrative, Geographic and Economic distance) have different effects on industries in different ways. Design/methodology - The empirical model utilized industry level export trade data to examine the differentiated effects of each national distance. By using direct measurement and covering 75 countries, this paper analyzes the effect of distances in different industries. More specifically, this study classified the industries into a more-sensitive/less-sensitive scale. Findings - The empirical results showed the complicated impacts of national distances on trade. Trade in industries that are more sensitive to cultural and administrative distances was not decreased as greatly as trade in industries that are less sensitive to cultural and administrative distances. Also, industries that are more sensitive to geographic distance showed a stronger negative impact on trade than less sensitive industries. Lastly, economic distance decreased trade for industries that are more sensitive to economic distance, while economic distance did not significantly increase trade for industries that are less sensitive to economic distance. Originality/value - As the first study to empirically find out whether national distance has different effects on industries, this study updated the measurements of national distance.