In the new crisis-ridden global economy, free trade agreements are no longer what they used to be. In the past, when the U.S. economy was growing fast, gaining preferential access to the U.S. market was a make-or-break deal for countries like
"These free trade deals are nothing else than a ticket to get duty-free access to a huge market, but that doesn't guarantee that there will be a demand for their products in that market," says
Thanks to its obsession with education, science and engineering,
Only 50 years ago,
As a result, today's South Korean youths are among the world's best performers in the international
To be fair, both
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