Iron ore, gas, wheat and tertiary education are prime examples of Australia's major(1 Point)ExportsImportsLeakagesGovernment Intervention

Telecommunications, tourism and cars are prime examples of Australia's major(1 Point)ExportsImportsLeakagesGovernment Intervention

Which of the following is Australia's largest agricultural export?Group of answer choicesFruitDairySugarBeefWine

What goods and services do you think Austalia imports and exports?

China is Australia's largest export market. Australia predominantly exports iron ore to China. Meanwhile, China exports consumer goods such as computers to Australia.China has a comparative advantage in producing computers.Australia has a higher opportunity cost of producing computers.Australia must have an absolute advantage of producing iron ore.Which of the above statements are true:Only 1 is true.Only 2 is true.Both 1 and 2 are true.1, 2 and 3 are all true.

How does Australia assist in Economic Recovery?