U.S.-Korea Free Trade Agreement

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Syllabus of the Subject: United States-South Korea Free Trade Agreement (Course)

Introduction to the United States-Korea Free Trade Agreement (FTA)
Benefits of the Agreement for the U.S. and Korean exporters
Advantages for agriculture, manufacturing, automotive, high-tech industry, services, and financial services
Investment Chapter
Case Study: exporting to South Korea
Structure of the agreement
Rules of Origin
Regional Value Content
Foreign Trade between the United States and South Korea

The Subject “US-Korea Free Trade Agreement (FTA)” belongs to the following Online Higher Education Programs taught by EENI Global Business School:

Masters: Business in America, International Business, Foreign Trade, Asia
Doctorates: American Business, Asian Business, Global Trade
Course: Business in the United States

Masters and Doctorates in International Business adapted to the Korean Students - U.S. Students

Online Students, Master in International Business

Learning materials in or Estados Unidos Coree

Example of the Subject: United States-South Korea Free Trade Agreement (FTA)
United States-Korea Free Trade Agreement (Course Master)

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Description of the Subject: United States-Korea Free Trade Agreement (FTA)

Status of the United States-South Korea Free Trade Agreement (FTA) in force since 2011

The South Korean tariff and tariff-rate Quotas reduction on the export products alone will add 10 billion dollars to 12 billion dollars to the annual gross domestic product to the United States and 10 billion dollars to the annual exported products to South Korea
The average applied tariff rate of South Korea on all the export products is 12% (4% for the United States), and its average applied tariff rate on the export agricultural products is 54% (9% for the United States)
The United States-South Korea Free Trade Agreement (FTA) will eliminate 95% of these tariffs instantly or within three years

Foreign Trade between the United States and South Korea

South Korea is the seventh largest trading partner of the United States and the seventh largest export market
The United States is the single largest foreign direct investment source in South Korea (27 billion dollars in aggregate foreign direct investment)
South Korea has invested 2 billion dollars in the United States
For export agricultural products, the United States-South Korea Free Trade Agreement (FTA) will instantly eliminate the import tariffs and quotas on a broad range of the export products, with 66% (by value) of agriculture imports of South Korea from the United States becoming duty-free upon the entry into force of the United States-South Korea Free Trade Agreement
South Korea is a significant market for the United States services in Asia, with a foreign trade in cross-border services greater than 12 billion dollars

South Korean Free Trade Agreements: Africa-Korea, APEC, APTA, EFTA, Singapore, ASEAN, European Union, India, Peru, Chile...

US Free Trade Agreements: APEC, NAFTA, Trans-Pacific Agreement, African Growth and Opportunity Act, WAEMU, East African Community, COMESA, Bahrain, Oman, Jordan, Morocco, European Union, Australia, Singapore, ASEAN, Chile, Colombia, Peru, Central America, Panama, Caribbean Basin Initiative...