Free Trade Agreement Between South Korea And Canada

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There are some specific events: In 2005. Canada and South Korea free trade agreement came into effect. This agreement will enable the next 10 years, Canada and South Korea import tariff of 97.5% of trade in goods has been cut. This agreement made more South Korean porduct be saled in Canda in a lower price and Korean can earn more because of the cut of the tariff. This is a postive agreement for both Canada and South Korea. Canada can enjoy cheap product which is affected by the trade between South Korean and Canada. This is how Korean affected Canada textile production. Not only with South Korean, but also with China. Canada and America bulit a lot of intensive industry factories in DongGuan, China because China have a lot of cheap labor.