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International trade development of South Korea with EU and USA in 2009-2014
Čellár, Adam ; Zajíček, Miroslav (advisor) ; Procházka, Pavel (referee)
The thesis analyses the international trade of South Korean republic between years 2009 and 2014. The main aim is to analyze free trade agreements which Korea adopted lately. Specifically free trade agreements with European Union and United States of America. Diploma thesis is evaluating their influence on economic development of participating countries. Both free trade agreements are similar to each other in their scope and how ambitious they are. The time difference between these agreements is only one year. The introductory part is dedicated to Korean economic miracle. In other words this part is about key drivers of Korean economic development since beginning of 1960 until today. Next part after examines the development of economic relations between European Union and Korea. Korea became one of the most important trading partners for EU in contrary the great distance between countries. Applicative part analyses the influence of free trade agreements on international trade between countries and macroeconomic situation. For this purpose I processed basic macroeconomic data and detailed data about international trade. I try to evaluate positive and negative consequences of free trade agreements on involved economies. Major part is dedicated to FTA between EU and South Korea. Analyze consist of statistical data from different sources and couple position papers of official European institutions. Thesis examines the influence on major macroeconomic indicators, specific sections of international trade and the influence on trade with cars and car related parts in detail. The same procedure is applied for the analyses of KORUS free trade agreement. Similar data are used in order to maintain the consistency and comparability. Summary of observed conclusions is available at the end of each part.

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