AUSTRALIA: ABARE report highlights need for global free trade to boost domestic dairy sector
A new report has concluded that the Australian dairy sector would greatly benefit from a more liberalised market. Produced by the Australian Bureau of Agricultural and Resource Economics (ABARE), the report studied the domestic dairy industry and predicted that its value would increase by US$1.8bn, to almost US$14bn, if Australian export quotas were doubled, and tariffs halved.
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