how to reply this answer "In 2005, the Australian Government signed a free trade agreement with Thailand and other countries, which has been blamed for the weakness in the country's automotive industry. While the agreement resulted in better export benefits for Australia, it also had negative consequences for the automotive industry. Thailand's export of motor vehicles to Australia tripled from $1 billion in 2004 to $3.2 billion in 2007, as there were no tariffs on vehicles imported from Thailand. This large number of imported vehicles caused local demand for domestically produced vehicles to decrease. Simply put, the competition from imported vehicles meant that locally produced vehicles were no longer in such high demand. The automotive industry in Australia has been weakened by multiple factors, one of which is the significant appreciation of the Australian dollar. This appreciation has led to domestic automotive manufacturers having to spend more money to export their vehicles, while at the same time free trade policies have allowed more foreign cars into the market. As a result, there is less demand for domestic cars, and manufacturers are at a loss when they try to export. In my opinion, any serious business organization would find it difficult to operate under such circumstances as it would strain their profitability. The FTA signed by the Australian Government resulted in certain industries, such as crude oil and gold, gaining benefits. This likely happened because there was a greater demand for these products in Thailand, and Australia had a high supply of them. As a result, exporting these products allowed Australia to have an advantage in the FTA agreement as they were not required to pay higher tariffs to export their goods. I believe that the introduction of the Free Trade Agreement (FTA) posed a threat to the survival of Australia's car parts manufacturers. This is because, at that time, they were primarily producing parts to meet the demand for domestically manufactured cars. However, with the shift in demand, they can now benefit from the FTA by importing materials from Thailand, as most of the imported motor vehicles come from there. By doing so, they can produce car parts that fit the current consumer demand and continue to serve the old manufacturers with their existing car parts. This way, they can meet the new demands and also cater to the existing ones