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Why do you think the Obama administration pursued a trade deal with Korea in 2012? What were the potential economic and political benefits? What were the potential costs?

Words: 86
Pages: 1
Subject: Trade

Obama administration

  1. Why do you think the Obama administration pursued a trade deal with Korea in 2012? What were the potential economic and political benefits? What were the potential costs?
  2. Is there any evidence that the 2012 free trade deal between the United States and South Korea was a “job killer” as claimed by President Trump?
  3. What were the motivations of the Trump administration in renegotiating the 2012 deal?
  4. Who benefits from the revised (2018) deal? Who might lose? Does the 2018 deal represent an improvement over that ratified in 2012?