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Mixed Reaction to Australia-China Free Trade Agreement

There has been a mixed reaction to a free trade agreement between China and Australia. The deal was formally signed Wednesday after years of negotiations.  Australian Prime Minister Tony Abbott said the trade deal will “change our world for the better.”  But like most bilateral agreements, there will be winners and losers. According to the deal, 85 percent of Australian exports to China will be free of tariffs.  Many farmers will benefit.  Restrictions on exports of...

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