Saturday, October 18, 2008

South Korean Fact Check

If you watched the final US Presidential Debate, you might have heard South Korea mentioned by Obama. He was talking about the proposed free trade agreement (FTA) between the US and Korea. Obama was not very clear whether or not he supported the FTA; he made it sound as though this agreement would create a trade imbalance where Korea could dump all of their cars on the US while we could sell only a few thousand to Koreans. Actually, the FTA would stop this current imbalance and allow more balanced automotive trade. Maybe he just mixed up his words, but here is more on Korea in the debate.

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