This study examines why and when South Korea has pursued free trade agreements. Empirical analysis evaluates Korea’s free trade partners based on (1) market size, (2) levels of economic development, (3) geographic proximity, (4) democratic governance, and (5) trade competition with China and Japan.
- © 2016 by the Regents of the University of California
Errata: In the September/October 2016 issue (volume 56 number 5, pages 836 and 849), there was a technical printing error in Figures 1b and 2 of the article by Ajay Raina that resulted in a loss of data on the graphs. This online article contains the restored figures in their original, correct state. The error is regretted.