FTA on Korea. To this end, we analyze five primary sectors that are deemed to have the greatest impact on both countries: steel, automobiles, chemical products, textiles, and agriculture. We conduct a literature review of these respective sectors (primarily statistics supplied by KIEP and SERI), lay out both the impact of exports and imports, and also point out relevant issues to these sectors.
1. Introduction
Energy is the crucial factor to the development in most industrial area and we have to supply it from various resources using technical methods. As we have entered in the 21th century, it becomes one of the most important missions to replace original energy with new energy to last current development long. Economically, because the original energy resources like coal, petroleu
The reason for our selecting Mittal Steel descends to one key question. How did a company which a few decades ago was only a single steel producing mill in India become the world’s largest and most global company? Mittal Steel, the world’s number one steel producer since 2005 achieved its success by taking a strategy, which in the past, was a drastic change for the industry – this was t
2-1. Globalization of Steel Industry.
: Factors promoting globalization is first of all capital-intensive production methods and economies of scale is the fact that more and more relevant. Appearing in almost every industry worldwide, is one of the most noticeable change in the production of labor-intensive production methods from the increasingly capital-intensive production methods is that t