G-20 Leaders Promise $2T Growth and Jobs Boost

G-20 Leaders Promise $2T Growth and Jobs Boost

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Business, Social Studies

University

Hard

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The Australian government celebrated the G20 summit as a success, achieving better-than-expected results with a commitment to boost global growth by 2.1% by 2018. The OECD and IMF will monitor the implementation of 800 initiatives. However, challenges remain, including domestic issues in Australia and Japan. Barack Obama emphasized climate change, which was reluctantly included in the G20 agenda. The summit was peaceful, with minimal disruptions. Additionally, the Australia-China trade deal is set to be signed, removing tariffs on 95% of Australian goods and potentially doubling trade, similar to New Zealand's experience.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the Australian government's initial stance on discussing climate change at the G20?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did Australia hope to achieve from the free trade agreement with China?

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