The Global Economy - Assignment

Running head: THE GLOBAL ECONOMY
The Global Economy
Name of the university
Name of the student
Author Note

1THE GLOBAL ECONOMY
Part A:
Answer 1:
The following table will show those countries, which have ranked the 6th, 7th, 8th, 9th
and 10th in terms of bilateral trade with Australia in 2014.
Rank Country
6 New Zealand
7 Malaysia
8 Thailand
9 Germany
10 India
Table 1: Bilateral trading partners of Australia, in 2014
Source: (Department of Foreign Affairs and Trade, 2018)
In the below table, the ranking of the previous countries in terms of Australia’s top
exports destination will be shown for the year 2015.
Country Rank
New Zealand 6
Malaysia 10
Thailand 13
Germany 15
India 5
Table 2: Ranking of the previous countries as Australia’s top exports destination, 2015
Source: (Department of Foreign Affairs and Trade, 2018)

2THE GLOBAL ECONOMY
The top ten exporting countries of Australia is shown in below table for the year
2016.
Rank Country
1 China
2 Japan
3 United States
4 Republic of Korea
5 United Kingdom
6 India
7 New Zealand
8 Hong Kong
9 Singapore
10 Taiwan
Table 3: Top ten exporting countries of Australia, 2016
Source: (Department of Foreign Affairs and Trade, 2018)
Answer 2:
i)
Gross Domestic Products (GDP) of Australia, New Zealand, India and Germany
based on 2010 (U.S. Dollars), Annual, Not Seasonally Adjusted.

3THE GLOBAL ECONOMY
Figure 1: Annual GDP of Australia (2010, U.S.D)
Source: (Fred.stlouisfed.org, 2018)
Year GDP Value ( 2010, USD)
Index (2010= 1)
2000 0.74000
2001 0.76000
2002 0.79100
2003 0.81300
2004 0.84600
2005 0.87100
2006 0.89500
2007 0.93400
2008 0.95800
2009 0.97600
2010 1.00000
2011 1.02700

4THE GLOBAL ECONOMY
2012 1.06700
2013 1.09100
2014 1.11800
2015 1.14700
Table 4: Annual GDP of Australia (2010, U.S.D)
Source: (Fred.stlouisfed.org, 2018)
Figure 2: Annual GDP of New Zealand (2010, U.S.D)
Source: (Fred.stlouisfed.org, 2018)
Year GDP Value ( 2010, USD)
Index (2010= 1)
2000 0.76400
2001 0.78100
2002 0.82100
2003 0.85800
2004 0.89600
2005 0.91900

5THE GLOBAL ECONOMY
2006 0.94400
2007 0.98100
2008 0.97700
2009 0.98100
2010 1.00000
2011 1.01900
2012 1.04500
2013 1.06700
2014 1.09700
2015 1.13300
Table 5: Annual GDP of New Zealand (2010, U.S.D)
Source: (Fred.stlouisfed.org, 2018)
Figure 3: Annual GDP of India (2010, U.S.D)
Source: (Fred.stlouisfed.org, 2018)
Year GDP Value ( 2010, USD)