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Political tensions between Australia and China have caused China to imposed significant tariffs or bans on Australian produce, such as wine, beef and barley. Explain:
Political tensions between Australia and China have caused China to imposed significant tariffs or bans on Australian produce, such as wine, beef and barley. Explain: a. One economic mechanism by which such trade barriers have negatively affected Australia's GDP b. One economic mechanism by which such trade barriers might help increase Australia's GDP
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