Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Should Australia pursue multilateral or bilateral trade agreements?
I'm having trouble understanding some content for my exam, so I'd love a better understanding of whether multilateral or bilateral trade agreements would be better for Australia right now?
2 Answers
- ArcticDustLv 68 years agoFavourite answer
You're asking: Should I only eat oranges or only eat apples ??? Why do you have to choose between the 2 ?!? And don't you think it depends on the nature of the agreement ? Nothing is black and white:
Any country has got a combination of bilateral and multilateral agreements.
Example: You'll sign bilateral agreements with countries that share the same economic model but you'll sign multilateral agreements when it comes to defense treaties.
- Anonymous4 years ago
1
Source(s): Binary Market Secure Success http://netint.info/AdvancedTradingTechnology