earticle

영어

Last April, Korea and U.S. agreed on establishing a FTA and have signed the agreement on last June. Due to Korea's organization's calculation and prospect, with the effectuation of the Korea-U.S. FTA, Korea's products exported to U.S. will be exempted from tax, which will bring a great advantage to Korea's exportation. However. the fact that in U.S. market, Korea's main competing countries are China, Japan, and Mexico and the fact that Japan is the main competing country in Korea's main export market(cars and electronics), need to be noted. Also, it can be predicted that Japan would consider multiple countermoves such as lowering the price of exported goods, increasing the production and utilizing NAFTA to catch up with Korea's competitive price. In this paper, economic relationship between Korea and the U.S. between Japan and the U.S. will be discussed as well as the competition between Korea and Japan in U.S. market. Also, the thesis will discuss Japan's evaluation on Korea-U.S. FTA and forecast Japan's countermoves.