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Essay Details:
Essay text:
For decades, high
prohibitive tariffs blocked the imports of Asian goods, and a
'White Australia' policy fenced off Asian migrants. However,
the situation is reversed in the past 2 decades. With East
Asia being the fastest growing economy, and the
development of regional trade blocs in their traditional
trading partners such as the EC and NAFTA that tend to
emphasize internal trade, Asia becomes Australia's single
most promising opportunity. And now, Australia is eager to
be Asian. Trade (See overhead - Exports) In 1994, some
60% of Australia's total exports equivalent to more than 60
B A$ went to Asia...
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