Course summary United States (U.S.) - Australia Free Trade Agreement (FTA):
The United States - Australia Free Trade Agreement (FTA) entered into force
on January 1, 2005.
U.S. two-way trade with Australia was $26.7 billion in 2009, up 23 percent from
2004. U.S. goods exports were $18.9 billion in 2009, up 33 percent from 2004,
and U.S. goods imports were $7.8 billion, up 3.5 percent from 2004.
The United States is Australia's fifth largest merchandise export market
and their most important market for services. It is Australia's largest
import source for services and second largest import source for merchandise.
The United States is the largest investor in Australia. Australia is
the ninth largest provider of
foreign direct investment (FDI) in the United States. The United States is
one of the top five source countries for visitors to Australia in terms of
numbers and expenditure.
Two thirds of all agricultural tariffs were eliminated immediately, with
a further 9 per cent of tariffs cut to zero in 2008, and almost all agricultural
tariffs removed on full implementation in 2022.
Duties on more than 97 per cent of US non-agricultural tariff lines
became duty free from day one of the Agreement, with all trade in goods free of
duty by 2015.
Example of the course United States- Australia Free
Trade Agreement (FTA):

The Agreement establishes a secure, predictable legal framework for U.S.
investors operating in Australia.
The Agreement complements and enhances existing international standards for the
protection of intellectual property and the enforcement of intellectual
property rights.
Source: The Office of the United States Trade Representative (USTR)
US Free Trade Agreements -
Australia Free Trade Agreements
Master International Business for Australian
students - Master in International Business (Foreign Trade, Global Marketing and Internationalization) for US Students