중국과 한국 FTA에 관한 연구

Abstract

Abstracts

Under the background of slowing progress in global multilateral trade negotiation，regional economic cooperation，mostly in the form of FTA，is blooming throughout the world. In recent years，the governments of China and Korea showed strong interests on bilateral FTA. Korea’s recent economic growth has been partly due to increased exports to China, leading us to believe that China’s economic growth is an important exogenous factor for Korea’s development. Currently, China is Korea’s biggest trade partner and Korea is China’s fourth biggest trade partner. Consequently, Korea and China are in active negotiations to establish FTA to enforce greater and freer trade and investment.

However，trade liberalization is a double-edged sword all the way. FTA brings not only the welfare effects, but also the impact to the relative inferior industries in the member countries. China is the world's largest developing country, it has a comparative advantage in resources and labor-intensive industries, and the capital and technology-intensive products has comparative disadvantage, while Korea has a comparative disadvantage in agriculture and labor-intensive industries, but it’s a comparative advantage in capital-intensive industries. If China-Korea FTA succeeds，the inferior industries in both countries will be impacted. As worrying about this kind of impact，the domestic related interest groups would object to China-Korea FTA desperately.

Therefore, in order to increase the bilateral benefits and reduce the costs as far as possible，it is very necessary to analyze China-Korea FTA. Problems in this paper needed to be solved include: 1. Whether there is complementary in the trade between China and Korea，and whether both sides can offer supports to the reciprocal market

4. What strategy the two countries should take to establish China-Korea FTA.

3. The obstacles of the establishment of China-Korea FTA, and how to take measures to response it

2. The impact of the establishment of China-Korea FTA on two countries’economy