Macroeconomic effects of a war with Iraq Earlier this year (2003) with the looming and seemingly inevitable conflict in Iraq drawing increasingly near, doubt from various areas and parties arose over the justification of a war in Iraq. If Iraq invaded Australia or the U.S. then an inarguable case is presented for action and as a consequence; increased military spending is necessary, expected and enjoys an unquestioned existence. In contrast, the reality of the recent …showed first 75 words of 1504 total…

…showed last 75 words of 1504 total…International Merchandise Trade, Cat No. 5422.0, December <Tab/>quarter 2002. McKibbin, W. 2003, War With Iraq [Online], <Tab/>http://www.econ.yale.edu/~nordhaus/Econ157b/mckibben.pdf [2003, April] Pemberton, M. 2002, The Economic Cost of a War with Iraq [Online], <Tab/>http://www.fpif.org/pdf/gac/0209iraqwarcosts.pdf [2003, April] Australian Bureau of Statistics, International Merchandise Trade, Cat No. 5422.0, December <Tab/>quarter 2002.