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TPP Adds to South Korean Economic Woes

There is growing concern in South Korea that the U.S.-led Trans-Pacific Partnership (TPP) could further hurt the country's economy, which is already experiencing a steep drop in exports and slow growth. South Korea has focused on developing bilateral free trade agreements (FTA) with other countries, including the world’s two largest economies, the United States and China. These bilateral FTAs gave some South Korean industries a competitive advantage over their...

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