Explain the relevant economics of trade and trade policy (free trade policy between china and australia), including analysis of winners and losers

FREE TRADE AGREEMENT BETWEEN CHINA AND AUSTRALIA
Free trade agreement between china and Australia
The concept economics of trade associated with buying and selling of goods and services. In this process two different entity is required to present one is called buyer another one is called seller. If the concept of buying and selling is taken place between two countries then it is called international business. Every country needs to follow a specific trade policy to complete the buying-selling process. In the discussion part, free trade policy between Australia and China will be discussed.
21 negotiation rounds were conducted to develop the free trade policy. The agreement process started on 23rd May, 2005. China was...