Multiple Choice
In 2015/2016, Australia:
A) had a trade surplus due to the booming mining sector.
B) had less income flowing overseas than was coming into Australia.
C) had a trade deficit due to a fall in commodity prices.
D) imported more services than it exported.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q86: Graph the demand and supply of Australian
Q87: What is the savings and investment equation?
Q88: The 'balance of payments' includes all of
Q89: What effect does an open economy have
Q90: When Australia sends money to the Philippines
Q92: Refer to Figure 14.2 for the following
Q94: If the current account balance is negative:<br>A)net
Q95: In recent decades, Australia has incurred overall
Q96: Which of the following is not a
Q239: What is the difference between net exports