Learning unit: United States - Australia Free trade agreement. Syllabus:
- United States - Australia Free trade agreement.
- Advantages for Australian and US Exporters.
- US - Australia international trade in goods and services.
- Australia's foreign trade and investment with individual US States.
- National Treatment and Market Access for Goods. Agriculture. Textiles and Apparel. Rules of Origin. Sanitary and Phytosanitary Measures, Cross-Border Trade in Services, Investment.
Course summary United States - Australia Free trade agreement:
The United States - Australia Free trade agreement entered into force
in 2005.
International trade United States - Australia.
United States foreign trade with Australia was 26.7 billion USD in 2009
(up 23% from
2004). United States products exports were 18.9 billion USD in 2009; United States products imports were 7.8 billion USD.
The United States is the 5th biggest product export market and their most important market for services
of Australia.
The United States is the biggest
import source for services and 2º biggest import source for products of
Australia.
The United States is the biggest investor in Australia. Australia is
the 9 biggest provider of Foreign direct investment (FDI)
in the United States.
Example of the course United States- Australia Free trade agreement:
Source: The Office of the US Trade Representative (USTR)