Don't tread on me.South Korea Korea (kôrē`ə, kə–), Korean Hanguk or Choson, region and historic country (85,049 sq mi/220,277 sq km), E Asia. , the world's 12th--largest economy, has a big appetite for free-trade agreements, but the benefits of open markets mean little to the tillers of its rice paddies and barley barley, annual cereal plant (Hordeum vulgare and sometimes other species) of the family Gramineae (grass family), cultivated by humans probably as early as any cereal. fields. They see instead an onslaught of cheap farm goods flooding their country and destroying their livelihoods. At the last World Trade Organization (WTO See World Trade Organization. ) meeting in Cancun, Mexico, it was a Korean farmer who stabbed himself in the heart, wearing a sign that reportedly read: "The WTO kills farmers." Although farming makes up a mere 4% of Korea's output, the country's 3.6 million farmers have remarkably strong pull. South Korea's first free-trade deal was signed with Chile more than a year ago, but the farmers' allies in the parliament have repeatedly scuttled its ratification The confirmation or adoption of an act that has already been performed. A principal can, for example, ratify something that has been done on his or her behalf by another individual who assumed the authority to act in the capacity of an agent. . The government is trying to ease the burden by giving growers cash. So far, however, the political standoff stand·off n. 1. A tie or draw, as in a contest. 2. A situation in which one force neutralizes or counterbalances the other. 3. A standoff insulator. adj. Standoffish. in Korea has put potential deals on hold. For the Asian country's free-trade enthusiasts, the farmers' resolve is a bitter harvest. |
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