Foreign Trade of Korea

Korea is, predominantly, a country of agricultural pursuits, and its domestic and foreign trade has been relatively unimportant. The geographical location of the Peninsula, however, suggests a hopeful future for foreign trade. Large and rich markets on the continent of Asia and in Japan are within a day's reach and the commercial possibilities are promising. In order to secure a favorable balance of trade, it is necessary for a country to have an abundance of some natural resources. This consideration invites our attention to the study of Korea's natural resources, such as agriculture, animal industry, forestry, fisheries, minerals and manufacturing, as well as the various phases of international trade. Sincere thanks and appreciation are due Professor Knute E. Carlson, to whom I am indebted for much inspiring and suggestive advice, and to my friends who have aided me on numerous occasions in securing material for the preparation of this thesis.