Economic Change in the International System: Implications for Australia's Prospects |
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accept achieve adjustments agriculture approach arrangements Asian attempts Australia balance of payments barriers become benefit capital markets cent changes circumstances common comparative advantage competitiveness concern continue cooperation costs currency decline despite developed countries difficult direction discriminatory dollar domestic economic economic policy effective emerge example exchange rates framework further gain GATT Given global governments greater groups growing growth hand implications important increasing increasingly industries inevitable influence institutional interest international financial International Relations international system international trade internationalisation internationalism Japan Japanese leadership leading less liberal limit linked major means movements nationalist nature non-tariff occurred particular payments deficits policies political pressure problems prospective protection protectionist question rapid rapidly reduced reflect regionalism remain reserves response rise role rules sectors seeking seen sense shift significant structural substantial tariffs term trading system University Western world economy