Australia’s economy has already bounced back better than expected from the effects of COVID-19, but it is clear our long-term recovery will depend on opening borders and resuming normal trade.

Yet ongoing uncertainty in our trade relationship with China on the one hand, and the opportunities presented by new trade agreements on the other make it difficult to know exactly where trade will land after the pandemic.

How much does Australia’s economy depend on normalising the China relationship? And are we seeing any progress in diversifying Australian trade?

To discuss the role that trade will need to play in Australia’s recovery, CEDA Chief Economist Jarrod Ball spoke with Professor Peter Draper, Executive Director of the Institute for International Trade at the University of Adelaide.