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Economic relations between Canada and Korea : Past, present and future

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  • Economic relations between Canada and Korea
  • Han, J.D.
  • University of Western Ontario


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Title Economic relations between Canada and Korea
Similar Titles
Sub Title

Past, present and future

Material Type Articles
Author(English)

Han, J.D.

Publisher

London:University of Western Ontario

Date 2014
Pages 26
Subject Country Canada(Americas)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding University of Western Ontario

Abstract

This paper examines the various economic interactions between Canada and Korea; merchandise trades, transactions in services, foreign direct investment, mobility of human factors, and immigration. While trades remain to be a small share in each country’s total international trades, the prospect of some positive structural change such as an increasing alignment of export industries of Canada and Korea is noticed in the context of the two countries’ intimate economic integration with the U.S. economies. More impressive economic interactions are found in the areas, which involve people-to-people interactions, such as the demand for and supply of the Canadian educational services. The unique profiles of Korean migration, and the sustained wealth effect of the strongly rebounding Korean economy may combine to fuel a continued upward trend of Korean immigration to Canada.