1. Free-Trade Deal Reached Between South Korea and U.S.
... deal has been modified to incorporate certain provisions that were not included in the original pact in 2007 (Wolf). These changes improve the chances for the pact to receive legislative ratification. On November 11, attempts to modify the agreement failed because President Barack Obama was at an economic nations ... automobiles during the five year period. Historically, the imbalance of exports and imports in the automobile industry was so severe that it accounted for three-fourths of the $10.6 billion U.S. trade deficit with South Korea. Furthermore, the White House is hopeful that the...
- Word Count: 760
- Approx Pages: 3
- Has Bibliography
- Grade Level: High School