Research the trade policies and trade barriers of Australia over the last 20 years and highlight the most significant trade policy changes during this period. In doing so, you should address the
following questions or issues:
a) In which sectors or products has trade protection been highest?
b) What types of trade barriers have been used?
c) What has been the rationale or justification for these barriers?
d) Have trade barriers been rising or falling over time? What has been the rational or justification for these changes?
e) Using concepts and theories developed in this unit, discuss the likely impact of these policy changes (e.g. on employment, production, the distribution of income etc.)