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Growth in Australian Agriculture Sector - Assignment

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Added on  2020-10-22

Growth in Australian Agriculture Sector - Assignment

   Added on 2020-10-22

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INTRODUCTIONAgriculture sector of Australia influence economy condition of the nation to great extent.Contribution of agriculture industry in GDP was 2.5% last year (McCombie and Thirlwall,2016). Though this is small contribution but variation in weather conditions supports ingenerating high revenues. Present study will discuss growth in Australian Agriculture sector forExport Market from economic perspective. Government, agriculture firms are interested in thisstudy because by identifying the potential growth opportunities of the industry, thesestakeholders can make effective strategies for increasing revenues (Australia's booming agsector grows 23% in a year, 2017). ECONOMIC ANALYSISOver a period of time agriculture industry has added 1.5% in annual growth in GDP. Thisyear rainfall in many cropping regions has been above regions which has impact positively onthe output (Larder, Sippel and Lawrence, 2015). This has contributed positively in overalleconomy condition. 1
Growth in Australian Agriculture Sector - Assignment_3

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