The United States and Republic of Korea (ROK) currently seek ways to convince the Democratic People's Republic of Korea (DPRK) that it should forego the manufacture of nuclear weapons, initially by allowing the International Atomic Energy Agency (IAEA) to conduct full inspections of suspected facilities. North Korea thus far has refused, although it did agree to an incomplete examination of declared sites early in March 1994. This report reviews military options open to each side as the United Nations, United States, and South Korea explore ways to resolve the resultant crisis peacefully despite threats of war from Pyongyang.

This report discusses the free trade agreement between United States and South Korea, and the potential economic implications for both the United States and South Korea. This report assesses the results of a number of models that are being used to generate estimates of the effect of the KORUS FTA on employment. These studies were chosen specifically because they estimate (or can be used to estimate) data on employment effects of the trade agreement.