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The Australia–US Free Trade Agreement - An Assessment

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  • Philippa Dee

    (Australia–Japan Research Centre)

Abstract

Australia and the United States signed a bilateral trade agreement in 2004. This paper analyses the provisions of the agreement, compares the provisions with other bilateral and multilateral agreements and comments on the modelling that the Australian Government used to estimate the likely benefits of the agreement. The author concludes that the modelling relied on overstates the potential gains from the agreement, which establishes many undesirable precedents, especially in relation to sugar, rules of origin, safeguard provisions and intellectual property. The author argues that bilateral agreements of this type could be severely disruptive to future trade relations within the Asian region, particularly with China.

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Bibliographic Info

Paper provided by East Asian Bureau of Economic Research in its series Trade Working Papers with number 22309.

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Date of creation: Jan 2005
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Handle: RePEc:eab:tradew:22309

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Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
Web page: http://www.eaber.org
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Keywords: Free Trade Agreement; FTA; Australia; United States; US; USA;

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