Last min T1 Flashcards
1
Q
Aus top 5 2 way trading partners
A
China US Japan South Korea India
2
Q
Aus top 5 export countries
A
China japan korea usa india
3
Q
Aus top 5 import source
A
china us japan korea singapore
4
Q
Eg of regional trade agreement and bilateral + def
A
bilateal KAFTA , Regional European union
5
Q
What is just on import and export graph quantiy
A
Qe
6
Q
REMEMBER
A
PUT SF, SD ON SUBSIDY AND TARIFFS MODEL AND DONT FROGET SHOWIN IMPORTS DIFFERENCE WITH ARROWS PLZ
7
Q
A
DONT FORGET ARROWS AT BOTTOM, PUT SF AND SD
8
Q
Trade liberlisation def
A
Trade liberalization is the removal of tariff and non-tariff barriers in trade,