콘텐츠 바로가기
로그인
컨텐츠
  • HOME
  • SEARCH
PLUS Text Size MINUS RESET
FACEBOOK TWITTER Linked In

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Economy Trade

Print

Preliminary assessment of the economic impacts of a Canada-Korea free trade agreement

Related Document
Frame of Image
  • Preliminary assessment of the economic impacts of a Canada-Korea free trade agreement
  • Ciuriak, Dan; Chen, Shenjie
  • Department of Foreign Affairs and International Trade, Canada


link
Title Preliminary assessment of the economic impacts of a Canada-Korea free trade agreement
Similar Titles
Material Type Reports
Author(English)

Ciuriak, Dan; Chen, Shenjie

Publisher

[Ottawa, Canada] : Department of Foreign Affairs and International Trade, Canada

Date 2007
Series Title; No Trade Policy Research / 2007
Pages 48
Subject Country Canada(Americas)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Holding Global Affairs Canada
License

Abstract

This document analyzes the possible economic impacts of a free trade agreement between Canada and Korea, negotiations for which were launched on July 15, 2005. The economic impacts of tariff elimination are assessed based on simulations using a computable general equilibrium (CGE) model known as the Global Trade Analysis Project (GTAP) and version 6 of its database. Five alternative scenarios are simulated based on a range of assumptions concerning the supply-side response of the economy to expanded trade with Korea, including a central scenario incorporating the assumptions best suited for Canada and Korea respectively. The impact of non-tariff elements of a CKFTA, including impacts on bilateral investment flows and services trade, are taken into account only qualitatively. The main findings are as follows: Assuming full elimination of tariffs for industrial and agricultural products, Canada’s total merchandise exports to Korea in the central scenario would increase by 56 percent. (The rest omitted)