The Australian government has to decide whether to meet the international target for C02 emissions. Australia's trade partner, New Zealand, has to subsequently decide whether to impose trade sanctions on Australia in reaction to Australia's decision. The decision tree below shows the options and the payoffs in billions of dollars of trade (the negative sign indicates a loss). Assuming the governments of both countries are rational and self-interested, and make their decisions based on the trade implications, what is the likely outcome? Meet targe Australia chooses... Ignor target Impose san New Zealand chooses... Not I pos sanctions Impose san New Zealand chooses... Not sanctions Aust -$10 Aust -$4 Aust -$5 Aust $0