TEORIA DE INTEGRACION UNION EUROPEA.

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The European Union - Korea Free Trade Agreement

It is to be hoped that the Agreement will not only boost bilateral trade and economic growth for the EU and Korea, but will also have a wider impact in Asia and elsewhere. The Agreement is unprecedented and is being used to a great extent by the country of Germany, both in terms of its scope and the speed at which trade barriers should be removed. In fact, virtually all import duties between the two economies will have disappeared at the end of the transitional periods. Exporters and importers of all industrial products and large quantities of agricultural products can trade without having to pay duties. Also, the Free Trade Agreement opens up new prospects for the removal of important non-tariff barriers to trade, with a particular emphasis on sectors such as automobiles, pharmaceuticals, medical devices and electronics. The Agreement will also create new opportunities for market access in services and investments.

CONCLUSION

The integration has influenced much in the present societies because thanks to her it has been possible to create many agreements. It positively helps countries to overcome market-scale constraints, encourages a more rational policy orientation, and helps to make a concerted action towards the rest of the world.

Integration began mainly in Europe with the United Nations, thanks to it and the International Monetary Fund (IMF) was extended to the whole world integrating more countries to these agreements. As a contribution to developed countries, it has greatly benefited international trade, stimulating economic growth throughout the world over the last fifty years, and integration is also a priority for the World Trade Organization (WTO), as it contributes to the Increase development and benefit the majority of its members through trade agreements and treaties that help reduce non-tariff barriers as well as trade in goods and services such as: An FTA, this treaty has brought many benefits for some countries As it helps each economy grow thanks to the products that each country imports and exports. Failure to sign a treaty with a developed country would have consequences for the economic stability of that country due to the lack of production on the one hand and the production surplus on the other of different products, which would have a higher cost depending on each case.

In short, we fully agree with economic integration and especially in developed countries, since it is better to sign an agreement or treaty with a recognized country, so that the economy of the countries increases in an equitable way.