1. Economies of Australia and China
Introduction An economy is a state of a country or region that manufactures and consumes good and services as well as the supply of money. ... Australia's largest trading partner for goods and services is China, whereas Australia is a primary source of resources for China. ... The China-Australia Free Trade Agreement (CHAFTA) took place on the 20th of December, 2015. ... The GDP (Gross Domestic Product) calculates the national income and the country's economy output with equals to the total spending for goods and service that are initially produced. ... However, in China the growth ...
- Word Count: 2966
- Approx Pages: 12
- Has Bibliography
- Grade Level: High School