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This monograph compares two trade agreements among three important economic regions, namely, the Korea–EU free trade agree (FTA) and the Japan–EU Economic Partnership Agreement (EPA). The two new types of agreements came into effect in the 2010s. They not only create more favorable trade and economic conditions in these regions but also produce spillover effects to bring about more comprehensive conditions in other area. First, the quantitative research for both agreements using the CGE model and a tentative analysis of the Japan–EU EPA in the analysis show that both have...