Background and Context of the Study
Document Type
Book Chapter
Source of Publication
Prospects and Challenges of Free Trade Agreements
Publication Date
1-1-2015
Abstract
This chapter provides the necessary background and context for the study. Australia and the Gulf Cooperation Council (GCC) states have a long history of trade and investment activities between them. Trade and investment have evolved gradually over the years. However, the acceleration of globalisation and the resulting changes taking place in the structure of the world economy have led many small economies such as Australia and the GCC states to engage strategically with their trading partners in order to remain an integral part of the global economy. Australia and GCC started to negotiate a free trade agreement (FTA) in 200J with negotiations slowing down for a number of years. Recently, Australia has shown a strong determination to conclude a successful FTA with the GCC. Such a prospect raises a number of interesting questions regarding the potential benefits of a successful Australia-GCC FTA which is the subject of this research.
DOI Link
Publisher
Palgrave Macmillan UK
Last Page
8
Disciplines
Business
Recommended Citation
Chadee, Doren; Roxas, Banjo; and Rogmans, Tim, "Background and Context of the Study" (2015). All Works. 636.
https://zuscholars.zu.ac.ae/works/636
Indexed in Scopus
no
Open Access
yes
Open Access Type
Green: A manuscript of this publication is openly available in a repository