Economy of Korea It’s economic relations with World Countries


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https://keia.org/wp-content/uploads/2020/05/kei_koreaseconomy_2016_170606.pdf


Asia- Pacific Trade Agreement - Asia-Pacific Trade Agreement (APTA) is a preferential regional trade agreement formerly known as the Bangkok Agreement. APTA aims to promote economic development of its members through the adoption of mutually beneficial trade liberalization measures that contribute to regional trade expansion and economic cooperation.
GDP - Gross Domestic Product, measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time.
the Armistice Agreement - The agreement served as the military ceasefire necessary to afford negotiating space for a final, diplomatic peace agreement. The agreement served as the military ceasefire necessary to afford negotiating space for a final, diplomatic peace agreement.
United Nations - is an international organization founded in 1945 and committed to maintaining international peace and security; developing friendly relations among nations; promoting social progress, better living standards, and human rights.
The World Bank - provide low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.
International Development Association - IDA aims to reduce poverty by providing zero to low-interest loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people's living conditions.
Asian Currency Crisis - The 1997–98 Asian financial crisis began in Thailand and then quickly spread to neighboring economies. It began as a currency crisis when Bangkok unpegged the Thai baht from the U.S. dollar, setting off a series of currency devaluations and massive flights of capital.
Free Trade Agreement - (FTA) is an agreement between two or more countries where the countries agree on certain obligations that affect trade in goods and services, and protections for investors and intellectual property rights, among other topics.

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