Economics4

economics4 Trade and investmentAustralias merchandise structures have changed considerably over the experient 15 years. Although trade in commodities be strong, new go and sophisticated manufacturing export markets have emerged.Merchandise exports were valued at $86 billion in 1998-99. During the same year, Australian exports of services totalled $26 billion. Exports recorded seven per cent average annual harvest-tide in the five years to 1998-99. They now account for 20 per cent of GDP, comp atomic number 18d with around 15 per cent in the mid-1980s.Japan remains Australias largest individual(a) export market, buying one-fifth of total deal exports.

The coupled States and Korea each account for eight per cent of exports, and virgin Zealand for six per cent. The United Kingdom, Taiwan, China, Singapore, Hong Kong and Indonesia are all significant export markets.Australias imports are dominated by manufacturing. The two largest import items in 1998-99 were cars and computers, accounting for seven an...If you want to get a luxuriant essay, tack it on our website: BestEssayCheap.com

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