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Trade deal and comparative advantage in agriculture

Prime Minister Tony Abbott and Prime Minister Shinzo Abe signed the Japan-Australia Economic Partnership Agreement (JAEPA) on 8 July 2014 in Canberra. According to the Department of Foreign Affairs and Trade’s official website: “More than 97 per cent of Australia‚Äôs exports to Japan will receive preferential access or enter duty-free when JAEPA is fully implemented. […]

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Beef clause in trade agreements and challenges for Australian beef industry

Trans-Pacific Partnership (TPP) negotiations continue despite criticisms of its effectiveness in providing an alternative pathway towards global economic integration. Pascal Lamy, for example, defines the TPP as “overly focussed on tariffs” (Source: iPolitics). The TPP, which consists of 12 countries including Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United […]

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