| ID | 105896 |
| Title Proper | Potential for deep integration between Australia and the European Union |
| Other Title Information | what do the trade statistics tell us |
| Language | ENG |
| Author | Rollo, Jim |
| Publication | 2011. |
| Summary / Abstract (Note) | This paper aims to identify evidence of any potential costs of preferential liberalisation of trade in goods between the EU and Australia, notably trade diversion; move beyond Australia's exports of commodities to the EU to look for evidence of competitiveness in high-value-added manufactures; and identify evidence of the potential for deep integration that might be promoted by a formal FTA using the Sussex Framework for analysing economic integration and TradeSift software. It concludes that costs of trade Diversion are unlikely to be large; that there is the potential for a mutual recognition agreement to encourage deep integration in areas of high value added manufactures; but that it might require a formal free trade agreement to give the institutional framework to allow mutual recognition to work. |
| `In' analytical Note | Australian Journal of International Affairs Vol. 65, No. 4; Aug 2011: p394-409 |
| Journal Source | Australian Journal of International Affairs Vol. 65, No. 4; Aug 2011: p394-409 |
| Key Words | EU - Australia ; Deep Integration ; Free Trade Area ; Mutual Recognition, ; Sussex Framework ; TradeSift ; European Union ; EU – Australia |