Send the link below via email or IMCopy
Present to your audienceStart remote presentation
- Invited audience members will follow you as you navigate and present
- People invited to a presentation do not need a Prezi account
- This link expires 10 minutes after you close the presentation
- A maximum of 30 users can follow your presentation
- Learn more about this feature in our knowledge base article
Do you really want to delete this prezi?
Neither you, nor the coeditors you shared it with will be able to recover it again.
Make your likes visible on Facebook?
Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.
Trade and Comparative Advantages
Transcript of Trade and Comparative Advantages
Australia - Japan
Australia - Korea
Larger usable area
Skill of planting and breeding
Australia comparative advantages
Japan comparative advantages
Korea comparative advantages
Two-way trade between Japan and Australia stood at $70.8 billion in 2013, more than 10 per cent of Australia's total trade
Au-Jp exports: $49.53b
Au-Jp Imports: $21.22b
Au in Jp: $50.23b
Jp in Au: $130.98b
Korea is Australia’s third-largest export market and fourth-largest overall trading partner, with total two-way trade exceeding $30 billion in 2012-13.
Au-SK Exports: $20.76b
Au-SK Imports: $9.67b
Au in SK: $10.39b
SK in Au: $12.03b
Customers & Businesses
Korea-Australia Free Trade Agreement on 8 April 2014
Japan-Australia Economic Partnership Agreement on 8 July
Over 97% of Australia's exports to Japan will receive preferential access or enter duty-free
Australian consumers will benefit from a wider and lower priced range of goods and services including cars and electronic goods
99.7% of Australia’s goods exports will enter Korea duty free
Lower the cost of Korean products and inputs for Australian businesses as Australia removes tariffs on Korean goods
the main changes between Austraian and Japan
Australian companies sale beef to Japan increasing $5.5 billion, including decreasing in the frozen beef tariff
Japan could eliminate 21.5% per kilogram traiff on raw sugar and reduce the levy
Japanese students can study in Australia
the main changes between Ausralia and Korea
Australia's agriculture exports have able to compete in Korea
Australian investors will be protected by this agreement
Education and Financial services
Opens new markets for Australian law firms, accountants and telecommunications providers
In Planning model
No equal benefit among countries’ trading
More benefits to Australia
90% mineral of total import from Au
Eliminates tariffs on all of Australia's minerals, energy and manufacturing exports
Au remove 5% tariffs imported Japanese cars
Eliminate 40% tariff (beef)
Eliminate tariffs on manufactures, resources and energy products within 10yrs
SK provide 95.7% duty-free on Au export within 10yrs
Thanking for Listening
Multicultural of study abroad
Household Appliances Industry
Trade of location
Japan import more agricultural goods from Australia
Korea import more education and financial services from Australia
Australia has the comparative advantages of agricultural, natural resources and education
Japan has the comparative advantages of cars and Household Appliances Industry
Korea has the comparative advantages of manufacturing industry and trade of location
Australia is the winner in these trade agreements
The trade deals benefit of Australia, Japan and Korea are not equally
Equal benefits among Australia, Japan & Korea.
Using their own comparative advantages.
Specialization & maximum profits.