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GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University

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Added on  2020-05-28

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Dollars, Annual, Not Seasonally Adjusted 1/01/2000 44223.59124 1/01/2001 44473.40861 1/01/2002 45626.62203 1/01/2003 46449.84519 1/01/2004 47817.89923 1/01/2005 48702.73436169 1/01/2006 49418.68632 1/01/2008 50952.46704 1/01/2008 518.25788.44015 1/01/2009 51651.22326 1/01/2010 51874.080

GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University

   Added on 2020-05-28

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Running Head: GLOBAL ECONOMY
Global Economy
Name of the Student
Name of the University
Author note
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_1
GLOBAL ECONOMY1
Table of Contents
Part A.........................................................................................................................................2
Answer 1................................................................................................................................2
Answer 2................................................................................................................................3
Australia.............................................................................................................................3
New Zealand......................................................................................................................7
India..................................................................................................................................11
Germany...........................................................................................................................15
Answer 3..............................................................................................................................20
Consumer Price Inflation.....................................................................................................20
Unemployment rate for population aged 15 and over..........................................................21
Part B........................................................................................................................................23
Part C........................................................................................................................................26
Introduction..............................................................................................................................26
Desired Job Role......................................................................................................................26
Why Policy Analyst?................................................................................................................27
Video Interpretation.................................................................................................................28
Action Plan...........................................................................................................................28
References................................................................................................................................30
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_2
GLOBAL ECONOMY2
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_3
GLOBAL ECONOMY3
Part A
Answer 1
Table 1
6th, 7th, 8th,9th and 10th position in bilateral trade with
Australia in 2014
Rank Country Trade volume (A$ million)
6th New Zealand 23,484
7th Singapore 29,580
8th Thailand 18,986
9th India 15,763
10th Germany 17,504
(Source: dfat.gov.au 2016)
Table 2
Rank of the previous countries in Australia's top export in 2015
Country Position Export Volume (A$ Million)
New Zealand 7th 12,498
Singapore 9th 11,012
Thailand 14th 5,307
India 6th 13,395
Germany 15th 3,127
Table 3
Top ten exports from Australia in 2016
Ran
k
Commodity Values of
export(A$ million)
Percentage
share
1 Iron ores & concentrates 53,757 16.3
2 Coal 37,999 12.8
3 Education-related travel services 21,966 6.6
4 Gold 18,857 5.7
5 Natural gas 17,912 5.4
6 Personal travel (excl education)
services
17,412 5.3
7 Beef, f.c.f. 7,401 2.2
8 Aluminium ores & conc (incl
alumina)
6,460 2
9 Wheat 4,853 1.5
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_4
GLOBAL ECONOMY4
10 Professional services 4,779 1.4
Answer 2
Australia
i) GDP (2010 U.S. Dollars, Annual, Not Seasonally Adjusted)
Table 4
observation_date
Constant GDP per capita
for Australia, 2010 U.S.
Dollars, Annual, Not
Seasonally Adjusted
1/01/2000 44223.59124
1/01/2001 44473.40861
1/01/2002 45626.62203
1/01/2003 46449.84519
1/01/2004 47817.89923
1/01/2005 48702.73469
1/01/2006 49418.68632
1/01/2007 50952.46704
1/01/2008 51788.44015
1/01/2009 51651.22326
1/01/2010 51874.08048
1/01/2011 52372.15454
1/01/2012 53348.38897
1/01/2013 53798.35851
1/01/2014 54394.33427
(Source: fred.stlouisfed.org 2018)
1/1/2000
1/1/2001
1/1/2002
1/1/2003
1/1/2004
1/1/2005
1/1/2006
1/1/2007
1/1/2008
1/1/2009
1/1/2010
1/1/2011
1/1/2012
1/1/2013
1/1/2014
0
10000
20000
30000
40000
50000
60000
GDP for Australia
Observation date
GDP
Figure 1
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_5
GLOBAL ECONOMY5
ii) Total central government debt, total (% of GDP, Annual, Not Seasonally
Adjusted)
Table 5
observation_dat
e
Central government debt, total (% of
GDP) for Australia, Percent of GDP,
Annual, Not Seasonally Adjusted
1/01/2000 29.57453724
1/01/2001 27.77455166
1/01/2002 25.98683687
1/01/2003 25.16258372
1/01/2004 22.94080738
1/01/2005 22.49565203
1/01/2006 21.60331231
1/01/2007 20.30456853
1/01/2008 18.37447797
1/01/2009 24.07725049
1/01/2010 29.34085956
1/01/2011 30.72086622
1/01/2012 40.11420213
1/01/2013 38.25786614
1/01/2014 42.43556361
0
5
10
15
20
25
30
35
40
45
Central government debt, total (% of GDP) for
Australia
Figure 2
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_6
GLOBAL ECONOMY6
iii) Imports: Value Goods (Percent of GDP, Annual, Not Seasonally Adjusted)
Table 6
observation_date
Imports: Value Goods for
Australia, Percent of GDP,
Annual, Not Seasonally
Adjusted
1/01/2000 17.03
1/01/2001 16.15
1/01/2002 16.34
1/01/2003 15.71
1/01/2004 15.7
1/01/2005 16.21
1/01/2006 17.02
1/01/2007 16.58
1/01/2008 18.15
1/01/2009 15.93
1/01/2010 15.46
1/01/2011 15.56
1/01/2012 16.05
1/01/2013 15.43
1/01/2014 15.74
1/1/2000
1/1/2001
1/1/2002
1/1/2003
1/1/2004
1/1/2005
1/1/2006
1/1/2007
1/1/2008
1/1/2009
1/1/2010
1/1/2011
1/1/2012
1/1/2013
1/1/2014
14
14.5
15
15.5
16
16.5
17
17.5
18
18.5
Imports: Value Goods for Australia
Observation date
Imports
Figure 3
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_7
GLOBAL ECONOMY7
iv) Government Final Consumption (nominal, Annual, Not Seasonally Adjusted)
Table 7
Observation Date
Gross Domestic Product by Expenditure in Constant
Prices: Government Final Consumption Expenditure for
Australia, National Currency, Annual, Not Seasonally
Adjusted
2000-01-01 196200000000
2001-01-01 200700000000
2002-01-01 205800000000
2003-01-01 213800000000
2004-01-01 221700000000
2005-01-01 227700000000
2006-01-01 235800000000
2007-01-01 243100000000
2008-01-01 253400000000
2009-01-01 257400000000
2010-01-01 266200000000
2011-01-01 275700000000
2012-01-01 282600000000
2013-01-01 285700000000
2014-01-01 288400000000
2000-01-01
2001-01-01
2002-01-01
2003-01-01
2004-01-01
2005-01-01
2006-01-01
2007-01-01
2008-01-01
2009-01-01
2010-01-01
2011-01-01
2012-01-01
2013-01-01
2014-01-01
0
50000000000
100000000000
150000000000
200000000000
250000000000
300000000000
350000000000
Government Final Consumption Expenditure for
Australia
Observation date
Government final consumption
Figure 4
GLOBAL ECONOMY 9 9 Running Head: Global Economy Name of the Student Name of the University_8

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