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Topic 4 Notes

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Topic 4 Notes for HSC 2011 Economics Course. Taught at top performing Eastern Suburbs Private School

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10 Pages Partial Study Notes > 2 Years old
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Topic 4 Notes
Topics this document covers:
Business Gross domestic product Economics Macroeconomics International trade International economics National accounts Economic indicators Current account Balance of payments of Australia
This is a Partial Set of Study Notes

Partial Study Notes typically cover only single topics of a unit of study or do not cover multiple topics in significant detail. They are generally less than 20 pages in length.

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Topics this document covers:
Business Gross domestic product Economics Macroeconomics International trade International economics National accounts Economic indicators Current account Balance of payments of Australia
Sample Text:
1 Understanding Australia’s Place in the Global Economy Australia’s a large country physically 13th in the world- middle of advance countries Small compared to US/China Standard of living is excellent: 2nd in world according to HDI Australia is increasingly affected by global economy Australia’s integration in recent years International institutions have played greater roles in recent years: Australia is apart of many of these Australia has reduced trade barriers in recent years and adopted a policy of trade liberalization. The impacts of these changes ...
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