Australia produces few manufactured goods and pays for the considerable quantity it imports by exporting commodities, mostly to China. Photo: Shutterstock
Australia produces few manufactured goods and pays for the considerable quantity it imports by exporting commodities, mostly to China. Photo: Shutterstock
Rod Tyers
Opinion

Opinion

Rod Tyers and Yixiao Zhou

How an all-out trade war with China would cost Australia 6 per cent of GDP

  • The effects of a trade freeze on Australia’s economy and real disposable income are big while those on China are mosquito bites by comparison
  • Australia produces few manufactured goods and pays for the considerable quantity it imports by exporting commodities, mostly to China

Australia produces few manufactured goods and pays for the considerable quantity it imports by exporting commodities, mostly to China. Photo: Shutterstock
Australia produces few manufactured goods and pays for the considerable quantity it imports by exporting commodities, mostly to China. Photo: Shutterstock
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