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Abstract

This paper analyses the intersection between international trade and competition policy, using the proposed free trade agreement between Australia and the United States as a basis for examining key issues. The paper discusses rules of the international trading system relating to competition policy and market distortion, before considering the limitations of the multilateral system. The paper then considers free trade agreements as a means to overcome some of these limitations, before turning to the proposed Australian-American free trade agreement specifically, whereupon selected issues relating to competition policy and market distortion are closely examined.

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