Ⅰ. FTA(Free Trade Area)
(1)The Definition of FTA
Free Trade Area is a designated group of countries that have agreed to eliminate tariffs, quotas and preferences on most (if not all) goods between them.
It can be considered the second stage of economic integration. the stage of economic integration
Economic integration is a term used to describe how different aspects between economi
comprehensive tradeand investment talks, which were difficult to conduct in the past. The Korean president proposed an “Action Plan for a New Korea-Japan Partnership for the 21st Century”, which included cooperation in economy, security and cultural exchange. Since then, almost 5 years have been spent on studies and consultations until October 2003, when the Japanese Prime Minister Koizumi a
Of the factors which enabled Hanoi to enter the phase of comprehensive reforms, some have received much less coverage than others. Despite the wide array of publications about doi moi, relatively few scholars inquired into the possible influence of external factors - diplomacy, military policies, and foreign trade - on the economic decisions made by Vietnam's reform-oriented leaders. Vietnam's po
And from this role, they wanted to achieve following things.
First, America thought Northeast Asia will be cheek by jowl with them more and more because this region is rising as the center of International policy-economy, and they have continued the strategy of forward deployment for their national interest under the recognition. On the basis of this, they expanded the comprehensive engagement
and image
It represents the degree of development in politics, economy and technology
2. Essential industry for a nation’s economic activity
It facilitates indispensable human and material resources for national economy
3. It activates tourism industry and facilitates the balances of international trade
4. It enables and facilitates the social and cultural interaction.
5. A high value add