RURAL AFFAIRS FTAs eat away at our food and agriculture surpluses*

Since Australia signed free trade agreements (FTAs) with the United States, Thailand and New Zealand, its balance of trade in agriculture and food manufactures has deteriorated with these three countries. In contrast, in trade with countries where Australia has no FTAs, Australian enterprises have outperformed partners to record a generally improving surplus in agriculture and food trade.   Free trade agreements have given us little enough to warbl…

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