AUS.07: Australia dan Ekonomi Internasional

Summary

This video explores Australia's foreign policy, focusing on its liberal trade approach and the removal of international trade barriers. It highlights Australia's specialization in exporting natural resources and its efforts to establish free trade agreements with countries like China and Indonesia. The discussion addresses the impacts of tariffs and non-tariff barriers, concerns about local market protectionism, and the balance between free trade and domestic industry support. Ultimately, it calls for further research on how these agreements affect local economies, particularly in the context of Australia's partnerships in the Asia-Pacific region.

Takeaways

• 🌍 The challenges faced by new international students in Australia primarily stem from language barriers, impacting their educational experience.
• 📚 English language proficiency is a significant concern, especially among students from non-English speaking countries like China.
• 🇦🇺 Australia maintains a strong economic relationship with China, as evidenced by approximately 90% of exports and imports being free from trade barriers.
• 🤝 The Comprehensive Partnership Agreement between Australia and Indonesia, finalized in 2018, aims to enhance trade and investment, particularly in services.
• 🏫 Foreign universities, such as Monash University, are establishing branches in Indonesia, indicating a shift in the educational landscape due to free trade.
• 🔍 There is a need for further research into the specific goods and services impacted by the trade agreements to understand their implications better.
• ⚖️ The potential risks of free trade agreements may threaten local Indonesian industries, particularly in the service sector.
• 📈 Trade agreements can facilitate easier access to education services for students in Indonesia but also raise questions about quality and standards.
• 💼 The discussion emphasizes the importance of balancing international partnerships with the protection of local industries and education systems.
• 🗣️ Ongoing dialogue and analysis are crucial to navigating the complexities of globalization and its impact on local economies.

Q & A

What challenges do new students face when studying in Australia?

New students often struggle with language barriers, particularly in understanding and using English, which can complicate their learning experience.

How does the Free Trade Agreement impact education and services between Australia and China?

The Free Trade Agreement allows for more flexibility in the education sector, facilitating partnerships and possibly leading to the establishment of foreign educational institutions in each other's countries.

What percentage of exports and imports between Australia and China are free from trade barriers?

Currently, around 90% of exports and imports between Australia and China are free from trade barriers.

In addition to China, which other country is mentioned as a significant partner for Australia in terms of free trade?

Indonesia is also mentioned as a significant partner for Australia regarding free trade.

What is the Indonesia-Australia Comprehensive Partnership Agreement?

Finalized in 2018, this agreement represents a form of free trade between Australia and Indonesia, focusing on the ease of trade, investment, and the exchange of goods and services.

What concerns are raised about foreign educational institutions in Indonesia?

There are concerns regarding whether the establishment of foreign educational institutions, such as Monash University, is beneficial or detrimental to Indonesia's local education system.

What is the potential consequence of free trade on the service sector in Indonesia?

The potential consequence is that free trade could lead to foreign universities opening branches in Indonesia, which might impact local educational institutions and the job market.

What specific research is suggested to analyze the impact of the bilateral economic agreement?

It is suggested to research Australia's competitive goods and Indonesia's competitive goods to identify potential clashes and issues arising from the bilateral economic agreement.

What was the speaker's personal experience with colleagues from China?

The speaker noted that many of their colleagues from China were still learning English, highlighting the challenges faced by international students in adapting to an English-speaking environment.

What additional services, aside from education, are mentioned in relation to trade between Australia and Indonesia?

Additional services mentioned include healthcare services, specifically hospitals, which could also be impacted by the free trade agreements.