TIMELINE WE HAVE TO DO FOR HASS FOR THE ASSIGNMENT THAT EVER AND I HAVE TO IN HASS...
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Wine becomes a big export with 3.9 million litres being exported across the globe to places such as the UK and New Zealand.
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The UK becomes Australia's largest trading partner. It was five times greater than the United States which was in second.
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A movement starts in the UK that protects domestic companies/means that foreign products are more expensive. This means that products that come from Australia are less desirable to the British consumers.
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59% of Australia's imports comes from the UK.
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The Tariff implemented in 1908 means that Australia is more likely to go with British goods rather than other countries.
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The UK purchases all of Australia's wool
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The price of the Australian pound is higher than that of the British pound. (by 25c)
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The UK purchases all of Australia's wool exports during WWII
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Charles Critchley is appointed trade commissioner in London, he is Australia's most experienced commissioner.
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The agreement is negotiated and Australia's preferences to the UKs are reduced. This allows Australia to import to a wider range of countries, ultimately broadening its export base.
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The UK is no longer the biggest buyer of Australian wool.
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Australia announces the withdrawal of a range of preferences to the UK and they terminate the trade agreement.
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