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Type: Journal article
Title: Trade policy in Canada and Australia in the twentieth century
Author: Pomfret, R.
Citation: Australian Economic History Review: an Asia-Pacific journal of economic, business and social history, 2000; 40(2):114-125
Publisher: Blackwell Publ Ltd
Issue Date: 2000
ISSN: 0004-8992
Abstract: The paper provides an analytical comparison of the evolution of trade policy in Canada and Australia and of the two countries' roles in international trade diplomacy. Despite similarities in history and resource endowment, these roles have differed substantially, especially during the third quarter of the twentieth century. The focus is on the reasons why Canadian and Australian attitudes and policies differed so markedly. The importance of the USA as a trading partner, differing economic experiences during the decade of the 1920s, and the more concentrated composition of Australian exports all played a part. Once in train, the position that Australia was different and need not participate in GATT tariff cuts as long as agriculture was excluded became the inertial position, while Canada played an active role in GATT's early development. After 1973 Australia's position as an outlier among high-income countries' trade policies was reversed, and Australian and Canadian trade policies again became similar in the 1980s. © Blackwell Publishers Ltd and the Economic History Society of Australia and New Zealand 2000. Published by Blackwell Publishers Ltd.
DOI: 10.1111/1467-8446.00061
Appears in Collections:Aurora harvest 2
Economics publications

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