australia and china free trade agreement

Question 1

impact on the economy

Answer 1

the impact of the free trade agreement on the economy is that it reduces the cost of certain goods because you don’t have to pay as much for services. lots of things produced overseas are cheaper and therefore they bring down the price of locally made goods. They create jobs in the industry around importing and exporting goods,

Question 2

solutions

Answer 2

keep a strong bond with china. continue to produce goods and services

Question 3

action taken by government

Answer 3

the government constantly visits china and keeps a good relationship with them