5.1 [related to the Economics in Practice on p. 461] The ChinaAustralia Free Trade Agreement (ChAFTA) is

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5.1 [related to the Economics in Practice on p. 461]

The China–Australia Free Trade Agreement (ChAFTA)

is a bilateral Free Trade Agreement (FTA) between the governments of Australia and China. It is strongly opposed by Australian trade unions and industrial groups.

What are the possible pros and cons of this agreement on Australian economy?

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