How to reply "I believe that the time between signing the FTAs and implementing them was an important key factor in the economy of Australia. In other regions, other trades take some time to start the implementation. This is done to study the tariff rates they will use to protect domestic production. Thus, it takes time to see the effects of the trade, but the domestic producers don't suffer too much. The best example of this is the North American Free Trade Agreement. They took 20 years to align economies, laws, tariffs, etc. Opening Australia's economy to several FTAs, most of these trades were done with Asian countries, in a short period, grabbed the negative consequences they suffered. Some factors that affected the auto industry of Australia were that Australia was a small market for cars, the high and increasing labor costs, having too many cheap imports reduced the domestic demand, automakers took their investments to China and India, inadequate government support, and that the consumer preference changed to small and medium-sized cars. Some industries operating in Australia that could benefit from the new ETAs are crude oil, aluminum, gold, and copper. Letting the Australian automotive industry die should not be an option. It looks like their efforts in research and development were not enough. They should hire renowned economists to bring fresh ideas on starting the automotive industry. The government must be cautious at signing trades with potential risks to the country's future. It is hard to stop the domino effect of the economy, but they cannot let themselves go after Zimbabwe's example. Did they use the Monetary International Fund or other international organizations to get some help? I would highly recommend that. The decline of the Australian automotive industry should be taught in every school. The rising generation must know the history to avoid repeating it. It may take a generation or two but I believe they can win this fight in the future