Amazon Launches Australian Site

Amazon is launching its Australian retail site, expanding its presence in Asia. Despite Australia not being a top priority due to its smaller population, Amazon sees growth potential in online sales, projected to rise significantly. The entry is expected to challenge local retailers, especially in electronics, but online sales will remain a small fraction of total retail. Amazon's move is part of its global expansion strategy.

What is one reason Amazon might not prioritize Australia as highly as other regions?

• Lack of technological infrastructure

• Low population density

• Strong local competition

• High shipping costs

What is the projected growth of online sales in Australia in the coming years?

• From 25 billion to 35 billion Australian dollars

• From 15 billion to 25 billion Australian dollars

• From 20 billion to 31 billion Australian dollars

• From 10 billion to 20 billion Australian dollars

What economic factors support the growth of online sales in Australia?

• Tourism and agriculture

• Commodities and trade

• Manufacturing and exports

• Technology and innovation

Which sector was most affected by Amazon's entry into the Australian market?

• Furniture

• Groceries

• Fashion

• Electronics

How is the overall retail scene expected to change with Amazon's presence in Australia?

• Brick-and-mortar stores will close down rapidly

• Online sales will remain a small fraction of total sales

• Online sales will surpass brick-and-mortar sales

• Local retailers will dominate the market