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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">25202</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2020-28-4-826-841</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>INTERNATIONAL TRADE IN THE CONDITIONS OF GLOBALIZATION</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>МЕЖДУНАРОДНАЯ ТОРГОВЛЯ В УСЛОВИЯХ ГЛОБАЛИЗАЦИИ</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Foreign trade relations between the Republic of Korea and the United States in the context of the development of integration processes</article-title><trans-title-group xml:lang="ru"><trans-title>Внешнеторговые отношения Республики Корея и США в условиях развития интеграционных процессов</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Andronova</surname><given-names>Inna V.</given-names></name><name xml:lang="ru"><surname>Андронова</surname><given-names>Инна Витальевна</given-names></name></name-alternatives><bio xml:lang="en"><p>Doctor of Economics, Professor, Head of the International Economic Relations Department</p></bio><bio xml:lang="ru"><p>доктор экономических наук, профессор, заведующая кафедрой международных экономических отношений</p></bio><email>aiv1207@mail.ru</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Dyuzheva</surname><given-names>Natalia V.</given-names></name><name xml:lang="ru"><surname>Дюжева</surname><given-names>Наталия Валерьевна</given-names></name></name-alternatives><bio xml:lang="en"><p>Ph.D in Economics, Associate Professor of the International Economic Relations Department</p></bio><bio xml:lang="ru"><p>кандидат экономических наук, доцент кафедры международных экономических отношений</p></bio><email>dioujeva@yandex.ru</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Andronov</surname><given-names>Kirill A.</given-names></name><name xml:lang="ru"><surname>Андронов</surname><given-names>Кирилл Антонович</given-names></name></name-alternatives><bio xml:lang="en"><p>student of the Faculty of International Relations</p></bio><bio xml:lang="ru"><p>студент факультета международных отношений</p></bio><email>dabr1e67@gmail.com</email><xref ref-type="aff" rid="aff2"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Peoples’ Friendship University of Russia (RUDN University)</institution></aff><aff><institution xml:lang="ru">Российский университет дружбы народов</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">Moscow State Institute of International Relations (University) of the Ministry of Foreign Affairs of Russia (MGIMO University)</institution></aff><aff><institution xml:lang="ru">Московский государственный институт международных отношений (университет) МИД России</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2020-12-15" publication-format="electronic"><day>15</day><month>12</month><year>2020</year></pub-date><volume>28</volume><issue>4</issue><issue-title xml:lang="en">VOL 28, NO4 (2020)</issue-title><issue-title xml:lang="ru">ТОМ 28, №4 (2020)</issue-title><fpage>826</fpage><lpage>841</lpage><history><date date-type="received" iso-8601-date="2020-12-10"><day>10</day><month>12</month><year>2020</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2020, Andronova I.V., Dyuzheva N.V., Andronov K.A.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2020, Андронова И.В., Дюжева Н.В., Андронов К.А.</copyright-statement><copyright-year>2020</copyright-year><copyright-holder xml:lang="en">Andronova I.V., Dyuzheva N.V., Andronov K.A.</copyright-holder><copyright-holder xml:lang="ru">Андронова И.В., Дюжева Н.В., Андронов К.А.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">http://creativecommons.org/licenses/by/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/25202">https://journals.rudn.ru/economics/article/view/25202</self-uri><abstract xml:lang="en"><p>The article examines the process of concluding, implementing and updating the Free Trade Agreement between the USA and South Korea, highlights the main problematic aspects of the functioning of the free trade area and the consequences for the bilateral trade of countries. The study found that South Korea benefited significantly from the negotiated liberal trade regime with the USA. The trade balance surplus of South Korea with the USA sharply increased - to a historic maximum of 25 billion dollars (in 2015), also South Korean exports of high-tech goods and high value-added goods increased significantly. For the USA, participation in the agreement led to an increase in the trade balance deficit and in the export of resources, agricultural goods and low value-added products. The observed consequences led to the use of a tough discriminatory policy by the USA, to the revision of the provisions of the Free trade agreement and to the military and political concessions from South Korea. As a result, the deficit of the US trade balance with South Korea decreased by 17.3% over the year, changes in the commodity structure of the countries' mutual trade are expected. The analysis proves the formation of a unified approach in US foreign trade policy towards partner countries within the framework of Free trade agreements, which lies in the mainstream of new protectionism and aimed at ensuring American geopolitical and economic interests.</p></abstract><trans-abstract xml:lang="ru"><p>В статье рассматривается процесс заключения, реализации и обновления соглашения о свободной торговле между США и Южной Кореей, выделяются основные проблемные аспекты функционирования зоны свободной торговли и последствия для двусторонней торговли стран. Исследование показало, что Южная Корея получила значительные преимущества от согласованного в соглашении либерального торгового режима с США. Резко увеличилось сальдо положительного торгового баланса Южной Кореи с США - до исторического максимума в 25 млрд долл. (в 2015 г.), значительно вырос южнокорейский экспорт высокотехнологичных товаров и товаров с высокой добавленной стоимостью. Для США участие в соглашении обернулось увеличением дефицита торгового баланса, ростом экспорта ресурсов, сельскохозяйственных товаров и продукции низких переделов. Наблюдаемые последствия привели к применению США жесткой дискриминационной политики, пересмотру положений соглашения, военно-политическим уступкам со стороны Южной Кореи. В результате дефицит американского торгового баланса с Южной Кореей за год сократился на 17,3 %, ожидаются изменения в товарной структуре взаимной торговли стран. Проведенный анализ доказывает формирование единообразного формата внешнеторговой политики США по отношению к странам - торговым партнерам в рамках соглашений о зонах свободной торговли, лежащего в русле нового протекционизма и направленного на обеспечение американских геополитических и экономических интересов.</p></trans-abstract><kwd-group xml:lang="en"><kwd>KORUS</kwd><kwd>Free Trade Agreement</kwd><kwd>KORUS</kwd><kwd>Republic of Korea</kwd><kwd>South Korea</kwd><kwd>USA</kwd><kwd>foreign trade</kwd><kwd>export</kwd><kwd>import</kwd><kwd>integration</kwd><kwd>protectionism</kwd><kwd>foreign trade policy</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>соглашение о зоне свободной торговли</kwd><kwd>Республика Корея</kwd><kwd>Южная Корея</kwd><kwd>США</kwd><kwd>внешняя торговля</kwd><kwd>экспорт</kwd><kwd>импорт</kwd><kwd>интеграция</kwd><kwd>протекционизм</kwd><kwd>внешнеторговая политика</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><citation-alternatives><mixed-citation xml:lang="en">Andronova, I.V., Minovska, M., &amp; Dyuzheva, N.V. 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