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ChAFTA (China-Australia Free Trade Agreement) is one of the largest bilateral Free Trade Agreement (FTA) between Australia and China that delivers enormous benefits to Australia,
ChAFTA (China-Australia Free Trade Agreement) is one of the largest bilateral Free Trade Agreement (FTA) between Australia and China that delivers enormous benefits to Australia, enhancing its competitive position in the Chinese market, boosting economic growth and creating jobs. Answer the following questions.
1. Outline and discuss the reasons why both Australia and China committed to signing up to ChAFTA.
2. Use this as an example discuss the benefits of joining ChAFTA for both Australian exports and Chinese imports
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