1、中文 5200 字， 3200 单词， 17000 英文字符 出处： Armstrong S. The economic impact of the AustraliaUS free trade agreementJ. Australian Journal of International Affairs, 2015, 69(5):513-537. The economic impact of the AustraliaUS free trade agreement SHIRO ARMSTRONG The AustraliaUnited States Free Trade Agreement
2、(AUSFTA) came into effect in 2005. It was the second preferential trade agreement that Australia signed, after its agreement with Singapore, and marked a departure from the primacy of Australias previous trade policy of unilateral and multilateral trade liberalisation toward preferential liberalisat
3、ion. This paper assesses the economic effects of AUSFTA by applying the Productivity Commissions gravity model of trade from its Bilateral and Regional Trade Agreements review. The evidence reveals AUSFTA resulted in a fall in Australian and US trade with the rest of the worldthat the agreement led
4、to trade diversion. Estimates also show that AUSFTA is associated with a reduction in trade between Australia and the United States. Keywords: AUSFTA; Australia-United States relations; free trade agreement Introduction The opening up and liberalisation of the Australian economy has been key to its
5、prosperity and competitiveness. Most of that trade liberalisation initially occurred unilaterally throughout the 1970s, 1980s and 1990s as Australia and other East Asian economies removed signicant trade barriers without binding agreements. There was a recognition that a country beneted from removin
6、g its own border- and behind-the border-barriers to trade and that those benets were compounded if others did so as well. This strategy contributed positively to the multilateral trading system by liberalising trade in a non-discriminatory manner, as unilateral trade liberalisation was bound through subsequent multi- lateral negotiation in the Uruguay Round. This concerted unilateral liberalisation slowly came to an end around the time of the Asian nancial crisis in 1997/98 as much
