Australia's Economy: Analysis of Export Products and Services Report

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Added on  2023/02/03

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This report provides an overview of Australia's economy, focusing on key export products and services. It begins with an introduction to economic principles and then delves into the importance of Australia as a major exporter. The report highlights the significance of iron ores and concentrates, detailing their contribution to the Australian economy. It also examines the role of education-related travel products and services. The report concludes by summarizing the economic factors discussed, including the impact of micro and macroeconomic factors on the country's GDP and the share of different sectors. The report also includes a list of references used in the research.
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ECONOMICS
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Table of contents
Introduction
Export products and services for a port city in Australia's
economy
Iron ores and concentrates
Education related travel products and services
Conclusion
References
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Introduction
Economics is a study to measure production, consumption, wealth
creation with for a country for period specific.
It is considered as a science contains in depth knowledge and
understanding of microeconomics and macro economic factors subject to
price, demand and supplied quantity.
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Export products and services for a port
city in Australia's economy
Australia is the sixth biggest country in the world. Most of the
population is located at east coast.
There are various cities which contribute large number of export of
variety of goods and services.
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Iron ores and concentrates
These are the main products which are exported from Australia
worldwide.
The export of the Iron ores, and concentrates were recorded as $49.3
billion with the change of 24.8%.
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Continue…
There are following industries contributing in growth in Australian
economy:
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Education Service
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Travel products and services
These services also retain some specific shares related to education
related services and the components.
Personal travel and excel education services are also recorded on the
top of the services
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CONCLUSION
The report summarize the key elements of economy of Australia.
The current economic condition summarised the scope of different micro
and macroeconomic factors subject to growth of GDP.
Share of different sectors in economy of country and the fluctuations
clarify the real economic situation of country.
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References
Beavis, M.J. and Moodie, M., 2014. Incidental physical activity in Melbourne,
Australia: health and economic impacts of mode of transport and suburban
location. Health Promotion Journal of Australia. 25(3). pp.174-181.
Caputi, N. and et. al, 2015. Maximum economic yield of the western rock lobster
fishery of Western Australia after moving from effort to quota control. Marine
Policy. 51. pp.452-464.
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