A Foreign Alliance Talk
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on 'foreign trade'.You are requested to include the EU, ASEAN because many members believe that the extreme right of politics is correct when it asserts that Australia must protect Australian business and jobs.As you work through your notes, you are trying to decide on the best information you can present in the allotted half-hour.
-Refer to A Foreign Alliance Talk (Scenario).You will close by giving a likely view of the future of the Australian and New Zealand Closer Economic Relations Agreement (CER)which suggests that ________.
A)it will likely disband by the year 2012
B)it is expected to merge with NAFTA by 2020
C)it increases the size of two relatively small domestic markets
D)it is likely to become a sub-set of ASEAN
E)it is of particular benefit to Australia's agricultural producers

Question

Quizplus · Accepted Answer

The likely view of the future of the Australian and New Zealand Closer Economic Relations Agreement (CER) is that it increases the size of two relatively small domestic markets. There is no evidence to suggest that it will disband, merge with NAFTA or become a sub-set of ASEAN. While it may benefit Australia's agricultural producers, this is not the main focus of the agreement.