Posts Tagged ‘South Korea’

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    Homework? It’s About the Economy…

    Dec 11, 12 • 256 Views • No Comments

    Why would France want to ban homework? President Hollande has said that less homework means more equality. At home, income makes a difference. Higher income families have children with higher test scores and more help with homework. They have their own...  [read more]

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    The Fabric of Free Trade

    Oct 14, 11 • 252 Views • No Comments

    The roof of the big-box store near your home could contain fabric that was made in Greensboro, N.C. Transported in rolls that are 12 feet wide and 5,000 yards long, this material is also made in South Korea. Until now, U.S. textile firms could compete against...  [read more]

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    Free Trade

    Nov 12, 10 • 274 Views • No Comments

    KORUS has been in the news. The Korea-U.S. Free Trade Agreement, negotiated in 2007 but not ratified by Congress, was in trouble. One reason was Ford. With a 1% share of the South Korean car market, U.S. automakers want more. One of the bigger sellers of Ford...  [read more]

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    Silver Job Fairs

    Oct 31, 10 • 232 Views • No Comments

    It is more likely that a 75 year-old South Korean will be working than a 60 year old Frenchman. According to OECD (Organization of Economic Cooperation and development) statistics cited by Floyd Norris, workers in South Korea and Japan remain in the labor...  [read more]

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    Supply, Demand, and Kimchi

    Oct 5, 10 • 329 Views • No Comments

    The kimchi mini-crisis is a perfect tale of supply and demand. Kimchi, “a fiery cabbage-based staple of Korea,” is typically made from “seasoned, fermented napa cabbage”. Farmers supply the napa cabbage for kimchi and demand comes from...  [read more]