The population of Australia would also profit from a FTA, because there will be more products from China. The products from China are cheap compared to the Australian. China could import a lot of cheap food, so that the Australian don’t have to spend that much money on food. So the FTA would lift the living-standard of the Australians...
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So the FTA would lift the living-standard of the Australians. “An agreement to remove all barriers would lift the GDP of both counties in 2015 by 0.4 per cent” (Tim Colebatch,economics editor). “The deal could worth 18US$bilion to the Australian economy and US$64 billion to China between 2006 and 2015...
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