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United States (U.S.) - Australia Free Trade Agreement (FTA)

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Learning unit: United States (U.S.) - Australia Free Trade Agreement (FTA). Syllabus:

- United States - Australia Free Trade Agreement (FTA).
- Advantages for Australian and US Exporters.
- US - Australia Trade in goods and services.
- Australia's trade and investment with individual US States.
- Analysis of the U.S. - Australia Free Trade Agreement.
- National Treatment and Market Access for Goods. Agriculture. Textiles and Apparel. Rules of Origin. Sanitary and Phytosanitary Measures, Cross-Border Trade in Services, Investment.

M Course learning materials: En

M Educational level: Continuing education / Executive education programs.

M Related Foreign Trade Courses and masters: Business in United States - Business in North America - Master Business in America - Master Business Asia Pacific Region. Spanish: Comercio Exterior Estados Unidos

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):
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

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