In April 2014 the Australian government signed new trade agreements with both Japan and Korea.
- What were the main changes in the trade agreement between Australia and Japan?
- What were the main changes in the trade agreement between Australia and Korea?
- From analysing these trade agreements, in what products and services do you think Australia, Japan and Korea have a comparative advantage?
- Who were the winners and losers from these trade agreements in Australia, Japan and Korea?
- Do you think that these trade deals benefit all three countries equally? (This must be answered as part of your presentation – in your individual assignment you should write 250-500 words on this issue)