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What are the disadvantages of Closer Economic Relations the FTA between Australia and NZ?
Wiki User
∙ 9y ago
- - New Zealand has limitations to the amount of products it can produce because of the smaller population compared to Australia.
- - New Zealand produces large amounts of raw materials however cannot provide Australia with a large amount of manufactured goods.
- - New Zealand's Natural disasters such as Earth Quakes effect Australia financially when Australia gives support however New Zealand doesn't have to provde financial support back because Australia rarely has natural crises
Wiki User
∙ 9y ago
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