Compare and contrast Australia’s trade policy approach to that of the US and China using any theo...
Compare and contrast Australia’s trade policy approach to that of the US and China using any theories of international trade that you have studied. Discuss with examples.
Homework Answers
Australia's economic growth could suffer a serious setback as the country's exporters risk being caught up in the mounting trade war between US and china. A beijing retaliated with tariffs on $60BN of US goods following the trump administration's $200bn hit on chinease imports, a closely watched index on australia's economic prospects pointed to a slowing in momentum for the remainder of the year and into 2019. The australian Dollar, which is seen as barometer of the world trade, jumped 0.6% to US72.26c, while the chinese yuan also reversed recent losses.
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Compare and contrast Australia’s trade policy approach to that of the US and China using any theo...
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