Abstract

The paradox of the free trade agreement (FTA) is that American media and information industries will help overcome the opposition to the FTA only if they expect to gain concretely rather than only symbolically. But if Korean media and cultural critics, understandably concerned and passionate about their business prospects and national culture, expect the same, then the FTA will encounter difficulties in Korea which is also engulfed in a major presidential election. To overcome this paradox may require more help from the Hogwarts School for Witches and Wizards than from the Chicago School of Economics.

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Citation

Noam, Eli. "A Paradoxical Free Trade Agreement," Financial Times Online, June 14, 2007.

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