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FTA Korea - Turkey
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Free Trade Agreement
Contents
Introduction
Review of countries
Trade Statistics of the countries
Comparative advantage
Barriers of Turkey
Trade Creation
Trade Diversion
Gravity Model
Prospects for FTA
Obstacles
Conclusion
Appendices
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Free Trade Agreement
Introduction
Korea and Turkey started
a FTA negotiation in April 2xxx.
The third round of FTA resolved six different issues.
The 3rd round meeting would be helpful to minimize opinion differences.
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Free Trade Agreement
Review of countries
Economic conditions
Population
Korea 50million
Turkey 50million
2008
2009
2xxx
Korea
27,707
28,008
29,996
Turkey
12,107
12,465
13,463
2008
2009
2¡¦(»ý·«)
11.1
2.10
3.04
|
ery&equipment most
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Free Trade Agreement
Trade Statistics
`Trade from Korea to Turkey in 2xxx Graph`
Automobile
Machinery
/ Computer
Plastic
Steel
Electrical equipment
Ship-building
Railway
-system
Optical instrument
Filament products
Knitting Material
Petroleum
/Coal
Rubber
products
Most of exporting product from Korea
Korea export Automobile most import peroleum/coal most
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Free Trade Agreement
Comparative Advantages
Korea export MCA to Turkey
Turkey export MCA to Korea
2005
2006
2007
2005
2006
2007
Agriculutre
0.18
0.34
0.00
1.62
9.52
2.10
Grocery / Tobacco
0.07
0.6
0.08
3.04
1.90
3.63
Clothes / Textile
0.76
0.81
0.88
1.38
1.45
1.48
Automobile
2.44
2.30
1.79
0.33
0.09
0.16
MCA is a comparison between Korea and Turkey¡¯s trade advantage
(From UN comtrade)
Korea C.A
Turkey C.A
Automobile(1.79`1.0)
Grocery / Tobacco(3.63`1.0)
Agriculture(2.10`1.0)
Clothes / Textile(1.48`1.0)
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Free