Table 8: CKFTA Impact on Destination of Canadian
and Korean Merchandise Exports Under
Alternative Closures, in 2001 US$ millions
Labour & capital fixed (i) | Labour flexible, capital fixed (ii) | Labour fixed, capital flexible (iii) | Labour & capital flexible (iv) | Central Scenario (v) | ||
Change in Canadian exports | ||||||
Korea | 814 | 818 | 818 | 835 | 817 | |
ROW | -466 | -419 | -374 | 37 | -286 | |
Total | 348 | 399 | 443 | 872 | 531 | |
Change in Korean exports | ||||||
Canada | 816 | 821 | 822 | 853 | 820 | |
ROW | -404 | -287 | -149 | 841 | -333 | |
Total | 421 | 534 | 673 | 1,694 | 487 |