Canadas Trade With Australia And New Zealand

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!

Download or read book Canada and the Australia-US Free Trade Agreement written by and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The degree to which the "special status" will be eroded will depend on the overlap of the NAFTA and the AUSFTA and the ability of individual Australian products to compete against Canadian products in the US market. [...] As Canada has preferential access to the US market through NAFTA, and New Zealand has preferential access to the Australian market through the ANZCERTA, the possibility for tariff circumvention exists for both countries, with Canada gaining access to the Australian market through the US, and New Zealand gaining access to the US market by transshipping through Australia. [...] November 2003 1.0 INTRODUCTION As Australia and the US commence the fourth round of their free trade agreement (hereafter AUSFTA) negotiations in Canberra, October 2003, the implications of the eventual AUSFTA for Canada's trade with both the Antipodes and the US need to be assessed. [...] This will give Australia preferred access to the US market, similar to that enjoyed by Canada as a result of NAFTA, although differences in access to the US market will remain, depending on the differences in the scope of the NAFTA and the AUSFTA. [...] The US is the largest foreign investor in Canada and the most popular destination for Canadian investment.8 Not surprisingly, the US is also Australia's second largest merchandise export market, after Japan, the most important market for services and the largest source of imports of both goods and services.