Trends in Australia's Trade Patterns and Financial Flows (HSC SSCE Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What is Australia's ranking on the UN Human Development Index for quality of life?
What is Australia's ranking on the UN Human Development Index for quality of life?
Fifth globally
What percentage of Gross World Product does Australia produce as a small, open economy?
What percentage of Gross World Product does Australia produce as a small, open economy?
Less than 2%
What event in 1973 caused Australia to lose its primary trading partner?
What event in 1973 caused Australia to lose its primary trading partner?
UK joined European Economic Community
When did Japan become Australia's largest export market?
When did Japan become Australia's largest export market?
By the 1970s
What percentage of Australia's exports went to China in 2021-22?
What percentage of Australia's exports went to China in 2021-22?
31.8%
What was the minerals and metals share of total exports in 2022-23?
What was the minerals and metals share of total exports in 2022-23?
61%
What was rural products' share of total exports in 2022-23?
What was rural products' share of total exports in 2022-23?
11%
Consumer goods increased to what percentage of Australia's imports by 2022-23?
Consumer goods increased to what percentage of Australia's imports by 2022-23?
25.8%
Where do Australia's exports mainly flow versus where imports come from?
Where do Australia's exports mainly flow versus where imports come from?
Exports to Asia; imports from developed
Which future export represents a diversification opportunity for Australia?
Which future export represents a diversification opportunity for Australia?
Critical minerals like lithium