International economic environment has lately set in a frontless competitive age with the settlement of UR agreement, and the appearance of WTO about the end of 1993. In' the UR agreement, market barrier, such as, tariff and non-tariff barrier, etc. f...
International economic environment has lately set in a frontless competitive age with the settlement of UR agreement, and the appearance of WTO about the end of 1993. In' the UR agreement, market barrier, such as, tariff and non-tariff barrier, etc. for trade liberalization has been not only mitigated, but in the subject of that, expanded former industrial products-centered areas into agricultural products and serivices area.
Also, It had set international trade norm in substantially good working order, so cleared the rules of, such as, subsidy, countervailing duties, and anti-dumping duties, etc., and embody the necessary condition of such as, safeguard, the place of origin, etc.
And, It had established WTO to improve the points in which the binding power that the GATT, mere international pact, has is weak.
Consequently, with the appearance of WTO organization, international economy is going to have be activized largely, and export environment will improve considerably with the removal of trade barriers, whereas the globalization of international economy has facilitated, and the epoch of unlimited competition has begun, so we have the time to examine and propel newly the course of foreign trade and trade policy.
Korea's trade policy will have to notice this change of international economic eavironment in the days to come. That is, we will not only have to notice the high and low speed of opening, and the determination of priority of the opening areas, but externally we observe clearly that our final objectives are in the settlement of opening, free, and fair trade.
Seen as above, our economic policy also has to control inflation, and maintain proper growth in the macroscopic side. To achieve this goal, we will have to stabilize labor department, to minimize a wage raise, and to harmonize fully between a financial policy and a monetary policy. Only with above measures, we will have to cope elastically with the rapidly changing international economic environment.
Therefore, this thesis investigate the change of this international economic environment and presented our countermeasure about that.