Closer economic relations between Australia and New Zealand: specialisation, competitiveness, complementarity
The Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA) came into effect in 1983 and the objective of bilateral free trade in goods between the two countries was achieved in 1990. This study provides a quantitative analysis of the Agreement’s impacts on specialisation, competitiveness and complementarity in trade between the two countries. It is shown that, compared with Australia, New Zealand was able to exploit its comparative advantage and increase its complementarity...[Show more]
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