1. Economies of Australia and China
China's relations with Australia are identified by their strong trade bonds. ... This agreement includes the major opportunities for Australia in relation with China. ... 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. ... 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 (201...
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- Approx Pages: 12
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- Grade Level: High School