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As world trade shifts to invitation-only clubs, Australia is facing tough choices

  • Written by: Naoise McDonagh, Senior Lecturer, School of Business and Law, Edith Cowan University
A US steel worker at an artillery factory in Scranton, Pennsylvania

A profound shift is underway in global trade. Governments are moving beyond traditional free trade agreements open to all countries and embracing what are increasingly called “economic security agreements”.

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