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Unilateral and Regional Trade Policies of the CER Countries

In: International Trade Policy and the Pacific Rim

Author

Listed:
  • Peter J. Lloyd

    (University of Melbourne)

  • Richard G. Harris

    (Simon Fraser University)

Abstract

While Australia and New Zealand are sovereign states, they have in the 1980s and 1990s pursued sets of trade policies which share many elements and which together represent a style of trade policy that is distinctive. Among the common elements are a fast rate of unilateral reductions in barriers to trade with other nations, a sharp movement away from reliance on quantitative restrictions and other non-tariff instruments of trade restriction, membership of a regional trading arrangement that has achieved virtually complete freedom of bilateral trade and deepened the integration of the two economies, and a strong commitment to multilateralism.

Suggested Citation

  • Peter J. Lloyd & Richard G. Harris, 1999. "Unilateral and Regional Trade Policies of the CER Countries," International Economic Association Series, in: John Piggott & Alan Woodland (ed.), International Trade Policy and the Pacific Rim, chapter 3, pages 59-86, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-14543-0_3
    DOI: 10.1007/978-1-349-14543-0_3
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