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Wednesday, 19 November 2014

Unit 4: Bi-Lateral trade agreements - Australia & India

Another article from Elliot (Click here) - Useful for questions on free trade/trade blocs and protectionism.

You should think about the arguments in favour of these agreements, the benefits of bi-lateral agreements v's being in a trading bloc (EU, NAFTA, ASEAN etc).

What could the economic impact of this agreement be, both for the two countries involved and others in the area not involved.


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