Author Question: What are the main characteristics of the Australian marketplace? How do these characteristics affect ... (Read 49 times)

dejastew · **on:** Jul 7, 2018

What are the main characteristics of the Australian marketplace? How do these characteristics affect Australia's exporting?

What will be an ideal response?

Question 2

Country X wants to encourage trade by eliminating trade barriers with the three countries along its borders.

However, Country X wants each of the countries to be able to establish their own trade policies even though this may lead to problems with trade deflection. Which form of economic integration is Country X most likely considering?
A) economic union
B) common market
C) customs union
D) free trade area

medine · **Reply #1 on:** Jul 7, 2018

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