Question 1: 25 marks, 25% of the subject ChAFTA stands for the China-Australia Free Trade Agreement. Answer the following questions: 1. Describe how free trade agreements are created, and their legal...

Question 1: 25 marks, 25% of the subject
ChAFTA stands for the China-Australia Free Trade Agreement. Answer the
following questions:
1. Describe how free trade agreements are created, and their legal status
at an international level. 5 marks
2. Discuss the history of ChAFTA. 5 marks
3. Explain the objectives of ChAFTA and how ChAFTA attempts to its
achieve its objectives? 5 marks
4. Analyse the benefits and any drawbacks for Australia because of
ChAFTA. 5 marks
5. Solve the issue as to whether ChAFTA can be enforced against either
China or Australia for breach of agreement. 5 marks

QUESTION 2: 25 marks, 25% of the subject
Compare and contrast how international commercial disputes are resolved in
the ICJ (International Court of Justice) and the DSB of the WTO (Dispute
Settlement Body of the World Trade Organization), with the High Court of
Australia, and the ACICA (Australian Centre for International Commercial
Arbitration), using case examples.