[20030318]RS21459_澳美经济关系.pdf

1 All data with a “$” sign in this report are U.S. dollars.2 Australian Department of Foreign Affairs and Trade, Advancing the National Interest,Australias Foreign Trade and Policy Paper. Available at http:/www.dfat/gov.au.3 Economist Intelligence Unit (EIU), Country Indicators. Much of the 2002 data used by EIUare estimates. 4 Purchasing power parity (PPP) measurements are used to convert foreign currencies into U.S.dollars based on the actual purchasing power of such currencies (derived from surveys of the(continued.)Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21459Updated March 18, 2003Australian-U.S. Economic Relationsname redacted and name redactedSpecialists in International Trade and FinanceForeign Affairs, Defense, and Trade DivisionSummaryAustralia and the United States maintain extensive economic relations. Each is astrong proponent of more liberalized trade in the World Trade Organization. Australia,like the U.S., maintains relatively few trade barriers. U.S.-Australian economic tieshave expanded steadily over the past several years, although some trade disputes havearisen, especially in regard to