What was a major factor contributing to the recent trade surplus in Australia?
Why HSBC Says Jump in Aussie Trade Surplus Makes Sense

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Business, Social Studies, Life Skills
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rise in tourism
Decrease in import tariffs
Rebound in coal exports after a cyclone
Increase in agricultural exports
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which two commodities are highlighted as key drivers of Australia's current export story?
Gold and silver
Iron ore and wheat
Coal and LNG
Copper and aluminum
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant uncertainty affecting the Australian trade picture?
Volatility in iron ore prices
Stability in global oil prices
Decrease in foreign investments
Increase in local manufacturing
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic issue is the RBA currently facing in Australia?
Surplus in government budget
Record low wage growth and high household debt
Rapid population growth
High inflation rates
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to support wage growth in Australia in the near future?
Decrease in commodity prices
Tightening labor market and increased corporate profits
Reduction in government spending
Increase in foreign aid
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