HSC Together Year 12 Economics: Australia’s Multilateral and Bilateral Free Trade Agreements

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Australia’s Multilateral and Bilateral Free Trade Agreements

Australia has transitioned since the 1970s from a highly protected economy to one which has embraced trade liberalisation. There are two types of free trade agreements:

  • Multilateral FTAs which involve three or more countries
  • Bilateral FTAs which are between two countries

Watch the videos to summarise Australia’s multilateral and bilateral free trade agreements in HSC Economics:

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