Trade Policy of Australia

Trade Policy
Of Australia

Table of Contents
• Introduction
• Trade Policy of Australia
• Impact of Policy on Economy
• Impact of Policy on Industry
• Impact of Policy on Employment
• Conclusion
• References

Introduction
• The presentation discusses about the
• Trade Policy of Australia.
• The presentation will discuss the impact of trade
policy over the following:
• Economy
• Industry
• Employment
• The presentation will converse over
the positive and negative impact.

Trade Policy Of
Australia
• The Australian trade policy is a liberal and
reformative .
• The trade policy exercises minimum trade
restrictions.
• It has adopted a free trade agreement.
• The policy has regulated the anti-dumping
measures.
• The policy has implemented major
protections for foreign investors.

Continue
• The trade policy entails investor-state dispute
settlement.
• In this settlement measures for resolving conflict
and dispute are stated.
• The policy negotiates to reduce various non-tariff
and tariff barriers towards the trade in the
country.

Impact on Economy
POSITIVE IMPACT
• Reduction in the costs of labor, raw material and
other resources.
• The policy has strived to provide better accesses
in the global market.
NEGATIVE IMPACT
• The dynamic global environment has rendered
the fluctuation in the exchange rates.
• Less restriction over the trades has caused cut
throat competition to the domestic business.

Impact on
Employment
POSITIVE IMPACT
• With the introduction of free trade agreement the
employment level has increased tremendously.
• More trade has facilitated new job opportunities and
business investments.
NEGATIVE IMPACT
• Trade policy of Australia has reduced the industry wages
and premiums.
• The global involvement has increased the influence over
the employment conditions and requirements.

Impact on Industry
POSITIVE IMPACT
• The trade policy has provided with ample growth
opportunities to the industry by global access.
• The policy has benefited the industry by reducing
the trade barriers and investment restrictions.
NEGATIVE IMPACT
• The trade policy has given major reforms for the
protection of foreign investors.
• This has generated discrimination between the
domestic and foreign industries.

Conclusion
• The presentation concludes with
identifying the trade policy of Australia to
be liberal.
• The policy has many reforms for the
reduction of trade barriers.
• The policy has altered the regulation
according to the dynamic environment.
• The policy has witnessed more positive
impact over the industry and the economy
rather than the employment.

References
• Thompson, G., Murray, T., and Jomini, P., 2012.
Trade, Employment and Structural Change: The
Australian Experience, OECD. Policy Priorities For
International Trade And Jobs.
• Matusz, S.J. and Tarr, D.G., 2017. Adjusting to
trade policy reform. In Trade Policies for
Development and Transition (pp. 77-114).
• Matsushita, M., Schoenbaum, T.J., Mavroidis, P.C.
and Hahn, M., 2015. The World Trade
Organization: law, practice, and policy. Oxford
University Press.