International Finance Assignment: Australia foriegn exchange market has undergone an evoultionary history to become included in the top ten of the most activley traded currencies on the world foreign exchange market. ... Until that time it had been closely managed by the Reserve Bank of Australia. ... The 1998-2001 bull market was one of the strongest and most socially popular in history. ... Funds started to flow out of Australia. ... Indeed economics performance during 2001 had been amazingly strong for Australia. ...

• Word Count: 665
• Approx Pages: 3
• Grade Level: High School

Australia is one of the most richest and developed countries. ... The Australian Economy Australia has one of the biggest economies and containing the Gross Domestic Product (GDP) of $1.525 trillion US (2015) annually. ... Australia's largest trading partner for goods and services is China, whereas Australia is a primary source of resources for China. ... Figure 1.2: Rates of Economic Growth for Australia and China 2013-2015 Source: Trading Economics (2015), Australian Bureau Statistics. ... Figure 1.4: Employment and unemployment rate for Australia Source: Trading Economics (2015), ...

• Word Count: 2966
• Approx Pages: 12
• Has Bibliography
• Grade Level: High School

As you can see in the graph below, this figure has been rapidly growing throughout Australia's history, whereas the public sector remains stable in its contribution to net foreign debt. ... Australia has an extremely low savings level, only 3.7% per household. ... Foreign ownership is also a cause of foreign debt, money made in Australia is sent overseas instead of being invested back into the Australian market. ... Yet another country to compare Australia to is our trade partner China. ... After comparing Australia's foreign debt to other countries of different economic positi...

• Word Count: 1354
• Approx Pages: 5
• Grade Level: High School