TIMELINE WE HAVE TO DO FOR HASS FOR THE ASSIGNMENT THAT EVER AND I HAVE TO IN HASS...
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First day of the 20th century
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Wine
Wine becomes a big export with 3.9 million litres being exported across the globe to places such as the UK and New Zealand. -
Top trading partner
The UK becomes Australia's largest trading partner. It was five times greater than the United States which was in second. -
Protectionist tariffs
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. -
Aussie Imports
59% of Australia's imports comes from the UK. -
British goods = special treatments
The Tariff implemented in 1908 means that Australia is more likely to go with British goods rather than other countries. -
Wool
The UK purchases all of Australia's wool -
Money
The price of the Australian pound is higher than that of the British pound. (by 25c) -
Wool pt.2 and WWII
The UK purchases all of Australia's wool exports during WWII -
First Trade Commissioner appointed to the UK.
Charles Critchley is appointed trade commissioner in London, he is Australia's most experienced commissioner. -
Australia renegotiates the UK trade agreement
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. -
Wool pt.3
The UK is no longer the biggest buyer of Australian wool. -
Shift in Australia - United Kingdom trade relations
Australia announces the withdrawal of a range of preferences to the UK and they terminate the trade agreement. -
End of 20th century