We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

The Country of Australia - Research Paper Example

The removal of trade barriers would provide vibrant benefits to the Australian Economy. The US economy is also expected to experience a considerable benefit (Stoler, 2013, pp. 1-22). Scope of Further Expansion in Trade between Australia and US The market of the US is large with an estimated 270 million consumers which provides a decisive wealth generation opportunity. Because of the free trade agreement, Australia could get an improved access to the US market and overcome its weakness of not been able to produce goods as well as services in keeping with the requirements. Trade between Australia and the US is already very strong as 15% of Australia’s entire trade is with the US. The agreement would further attract the US investors towards Australia. The agreement of free trade between the two nations would also increase the networking between them which would help to enhance the economic performance of Australia. As Australia is a relatively small country, its alliance with a vast developed country such as US would facilitate to take its products globally. After Free Trade Agreement (FTA) was signed between the two nations, Australia has emerged as one of the main centre for the US corporations for investment in energy, finance and biotechnology among others (Xavier, 2001, pp.1-27). Contextually, in terms business customs, executing business operations in Australia is comparatively a convenient proposition for US companies as the cultural environment, language, customer expectations and

Check these samples - they also fit your topic

Energy needs in Australia
Any economy is driven by energy. Industries rely on electricity and fuel to run their daily production or processing activities. People light and heat their houses using energy. People also cook their meals using fuel. The cars, planes, or trains that people use to get to their respective workplaces require energy.
17 pages (4250 words)Research Paper
Cyber Terrorism and other types of terrorism in Australia
No country seems to be free from the threats of terrorism and Australia is also not an exception. Even though, different kinds of terrorist activities are going on in Australia, cyber terrorism seems to be the most important one.
4 pages (1000 words)Research Paper
Country Branding: Australia
Country Branding: Australia Customer Inserts His/Her Name Customer Inserts Grade Course Customer Inserts Tutor’s Name (09, September, 2011) Introduction The past century has seen a rapid increase in trade and financial integration of the world. Countries are now dependent on one another and no country can survive seclusion.
6 pages (1500 words)Essay
How Australia Helps Refugees
Refugees are persons outside their country of origin or country of habitual residence after suffering persecution on such accounts as race, political opinion, nationality, religion, or because of being a member of some persecuted 'social group (Leach & Mansoure, 2003) .
7 pages (1750 words)Research Paper
Wage Earnings in Australia
The forces of demand and supply depending on the sector and professional skills determine wage earning in Australia. In most cases the wage rate should not be above the equilibrium forces of supply and demand, unemployment sets in. The law is also very categorical in terms of the amount of salary earned depending on the level of education and qualification.
3 pages (750 words)Research Paper
Intercultural Business Communication about Australia Country
Australia is one of the world’s largest countries, with an estimated area of square kilometres 7,692,024. The country 'was formerly colonized by Britain and is still under the British monarchy. It was colonised by Europeans after it was discovered by European explorers in the 15th century.
6 pages (1500 words)Research Paper
Japan's Soft Power in Australia
To present a clearer picture the paper will present the culture and the relationship of Japan with Australia. This research proposal will mainly deal with how Japan has successfully established their Soft Power in Australia and how the same works in the favour of Japan.
8 pages (2000 words)Research Paper
Promoting education of Islamic Finance In Australia
Islamic finance is a rapidly growing industry in the financial system considering that 20% of the world’s population is Muslim and Islam being the third largest religion. Australia is one of the countries that
2 pages (500 words)Research Paper
Expanding River Coffee Roasters into Australia
Australian security is superior, thus venturing into coffee business will not be problematic. Due to the Australian embracement to technology, it will be easy and efficient in operating the business. Many people in Australia are well edified to
3 pages (750 words)Research Paper
The economy of Australia
t has a purchasing power parity GDP of less than one trillion dollars, though its nominal GDP in terms of exchange rate is 1.236 trillion dollars, growing at an estimated 2.7% annually as of 2010 (CIA). Family income statistics in Australia are fairly average for a developed
2 pages (500 words)Research Paper
business practices are quite identical. Australian people aim to focus upon promptness, advance planning along with follow-up and they generally are direct in terms of conducting business dealings (US Commercial Service, 2012). Therefore, these facets enhance the scope of...
This paper approves that there are still prevailing barriers in certain products for both the United States exporters and the Australian exports. The barriers in the United States to the Australian exporters are in certain products such as dairy products, textile and footwear, sugar and commercial vehicles among others. The US government maintains high tariff rates on dairy products such as butter, and cheese among others. Apart from these facets, there are certain other regulations with regard to milk products that also act as a barrier to trade. Similarly, high tariff on sugar also restricts the Australia’s trade access to US. The US government retains quotas on import of textile products which acts as a barrier to export. Moreover, high tariff on commercial vehicles could also be an obstacle in trade. Similarly, there are certain trade barriers in Australia for the US exporters. The barriers include high tariff rates on textile and leather products along with vehicle parts.
This report makes a conclusion that the economy of Australia is very much flexible towards trade. The country has developed a good relationship with the US in recent times in context to trade. Business customs are also quite similar between the two nations. This factor largely enhances the prospects for the Australian economy. The free trade agreement between the two countries also has played a major role in this regard. It has been observed that the agreement, up to an extent succeeded in minimizing the barriers of trade between the two nations. However, there are certain barriers that still exist between them, which obstruct growth of trade between Australia and the US.
Cite this document
  • APA
  • MLA
(“The Country of Australia Research Paper Example | Topics and Well Written Essays - 1000 words”, n.d.)
The Country of Australia Research Paper Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/management/1468278-the-country-of-australia
(The Country of Australia Research Paper Example | Topics and Well Written Essays - 1000 Words)
The Country of Australia Research Paper Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/management/1468278-the-country-of-australia.
“The Country of Australia Research Paper Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/management/1468278-the-country-of-australia.
  • Cited: 0 times


The paper would analyze the trade relations between Australia and the United States. Moreover, in order to conduct extensive business dealings between the two nations the key dimensions to be considered especially in relation to Australia are also depicted in the paper. The future scope of trade between the two countries would also be illustrated in the research…
The Country of Australia
Read TextPreview
Comments (0)
Click to create a comment or rate a document
Let us find you another Research Paper on topic The Country of Australia for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us