Question 1: 25 marks, 25% of the subjectChAFTA stands for the China-Australia Free Trade Agreement. Answer thefollowing questions:1. Describe how free trade agreements are created, and their legal statusat an international level. 5 marks2. Discuss the history of ChAFTA. 5 marks3. Explain the objectives of ChAFTA and how ChAFTA attempts to itsachieve its objectives? 5 marks4. Analyse the benefits and any drawbacks for Australia because ofChAFTA. 5 marks5. Solve the issue as to whether ChAFTA can be enforced against eitherChina or Australia for breach of agreement. 5 marksQUESTION 2: 25 marks, 25% of the subjectCompare and contrast how international commercial disputes are resolved inthe ICJ (International Court of Justice) and the DSB of the WTO (DisputeSettlement Body of the World Trade Organization), with the High Court ofAustralia, and the ACICA (Australian Centre for International CommercialArbitration), using case examples.
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