Global Finance: Is Japan buying Cheaper Austraian gas than local?
Industrial smoke Source: Flickr/Xenja Santarelli
As Australian gas crisis elevated, labor claims that Japan buys Australian gas more cheaply than Australians. Is this claims valid? If so, how does it happen? Will other commodities price be cast under the same spell as the world is becoming more globalized? In an interview with Ivan Leung, Professor Wei Li from Sydney University Business School will explain the economic theory behind this phenomenon.
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