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This assignment discusses the trade policy of Australia. The assignment has also discussed both positive and negative impacts on the economy of Australia. The assignment has also focused on elaborating the positive and negative impacts on the Australian trade policy on the Australian industries and employment sector. This assignment is in the structure of a research paper which contains a brief introduction on the topic of the assignment. This assignment has discussed all the above points in the discussion so as to bring a clear picture of the state of Australian trade policy. References from online educational websites, journal and articles have been used to elaborate the major impact of the Australian trade policies on employment sector, service sector, industrial sector and the economy as a whole. After giving a conclusion on the main topics of the assignment, a reference list have been given. One of the main tasks of the assignment is also to prepare a power point slide explaining the above points in brief in a pictorial way. The assignment has also explained the main reasons why Australia has focused on increasing their trade policy. The reasons are mainly competitiveness which means to reduce competition in the home country and trade product outside for achievement of less risk and keeping various options open. This assignment has also focused on explaining that how trade promotion is an important aspect for the Australian trade policy and trade government. In this assignment reference from the World Trade Organization (WTO) has been made which explains that how engaging internationally is important to maintain a stable economy in Australia so that this county can focus on strengthening the trade agreements which already exist in the company. Therefore, this assignment has elaborated that how important is it to expand a network which helps in focusing on free trade agreements which will help to support the global trade of a particular company.
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