The Australian government is pursuing an aggressive international trade agenda because they feel that it is necessary for high standards of living and a content population throughout Australia. ... Currently the Australian government is working with the WTO and individual nations to open up trade as much as possible, so as to provide access to many new markets for domestic Australian firms. The Australian government is focusing its efforts on the WTO's multilateral trade processes. ... The government has chosen to focus on these processes because they offer the best long-term potential...

• Word Count: 1402
• Approx Pages: 6
• Grade Level: Undergraduate

It's a forum for governments to negotiate trade agreements. ... They are essentially contracts, binding governments to keep their trade policies within agreed limits. Although negotiated and signed by governments, the goal is to help producers of goods and services, exporters, and importers conduct their business, while allowing governments to meet social and environmental objectives. ... For Australians it would be A$300 annually per average family if Australian customs duties had not been reduced in the late 1980s and early 1990s. ... If Australia had kept its tariffs at 1998 levels,...

• Word Count: 1488
• Approx Pages: 6
• Grade Level: High School

"Examine the impact of globalisation on an economy other than Australia" An important trend occurring in the world economy is the process of globalisation. ... The government introduced a phased program of removing price subsidies on consumer good, which allowed the market to determine the price of goods to spur economic growth and encourage consumption. ... Eventually on June 4 1989, the government called upon hundreds of tanks and heavily armed soldiers who were to spread death and destruction in the main streets of Beijing. ... China's state owned enterprises have been extremely ine...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate

A Dutch academic who maintains a good website on globalisation, Ruud Lubbers, defines it as a process in which geographic distance becomes a factor of diminishing importance in the establishment and maintenance of cross border economic, political and socio-cultural relations Left critics of globalisation define the word quite differently, presenting it as worldwide drive toward a globalised economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments Globalisation is an undeniably capitalist proce...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate

Kevin Rudd, a former Prime Minister of Australia and current Member of Parliament argued that the best part about globalization is that it lifts economic growth rates and living standards around much, though not all, of the developing world, and in developed countries as well. ...

• Word Count: 3315
• Approx Pages: 13
• Grade Level: Undergraduate

The world was in need of a stimulus, but governments were cutting their spending as much as possible. ... "At the core of differences on agricultural trade were the enormous government subsidies that some leading producers were paying farmers to keep them competitive internationally." ...

• Word Count: 2688
• Approx Pages: 11
• Grade Level: High School