Essay On Should South Korea Continue International Trade

In old days, international trade was one of the hardest works because, it takes long time to carry products to other countries and has no technology to carry food for a long time too, but now, because of developed technologies, it becomes much easier to trade products. Korea is the one of the county that export and import a lot and it affects positively to Korea economy because it provides raw martial, extend the market size and create number of jobs. Therefore, Korea must continue international trade to develop economy.

According to an article it states that “South Korea has a high dependence on import of capital goods, raw materials and industrial supplies. The country is also the 5th largest importer of oil in the world, with 3.074 million barrels imported per day.”(South Korea Export, Import & Trade) As the article report, Korea is the country that has no raw materials and industrial supplies geographically. However, Korean uses much of oils for their cars and uses tons of industrial supplies to manufacture the products. For example, crude oil. In fact Korea heavily reliant on oil imports. We imports oils from Middle East countries. However, if the government suddenly discontinues to imports the oil, we could not even drive cars and no heaters during winter. It is the most affective and important to our daily life. Moreover, in Korea, environmentally some

These three major reasons lead Korea economy to positive side. Nowadays, as the many countries struggling with economic depression, Korea also have serious economic slump. However, if it can get solved or even helped by international trade, there are no other reasons to not precede the international