trade section Flashcards
1
Q
Australias main trading partners?
A
primary exports partners: China (21.81 percent), Japan (19.19 percent), South Korea (7.88 percent), India (7.51 percent), US (4.95 percent), UK (4.37 percent), NZ (4.1 percent)
2
Q
what goods and services does Australia import and export?
A
Total value of exports: US$210.7 billion
Primary exports - commodities: coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment
3
Q
what does trade mean?
A
the activity of buying and selling, or exchanging, goods and/or services between people or countries
4
Q
what is Tariff?
A
an official list or table showing the duties or customs forced by a government on imports or exports.
