TRADE: Multilateral or bilateral?*

The efforts of Australia and the US to conclude a free trade agreement seem to have found rocky ground such that may be impossible to traverse. And for reasons which, at least for this writer, seemed unlikely as recently as a month ago.The problems that have now been exposed were always there but the Government had either refused to concede them or wanted, for its own reasons, to keep the lid on them.Neither position is any longer possible. The reason lies in unanticipated developments.To this w…

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