I am more positive about Australia than I have ever been. We are in a great position at the moment.
February 22, Examine the main features of the global economy and the nature and extent of interdependence between economies. Assess the impact on the global economy of international organisations and contemporary trading bloc agreements.
Discuss the impact of globalisation on standards of living in the global economy and the effect globalisation has had on countries with differing levels of economic development.
Analyse the impact of globalisation on an economy other than Australia; including the strategies used by that economy to promote growth and development. Examine the impact of globalisation on unemployment, inflation and external stability.
Analyse the impact of globalisation on government economic policies. Assess the main factors that influence the international business cycle. Assess the potential impact on the environment of economic development.
Discuss the effects of protectionist policies on the global economy. Evaluate the impact of reduced levels of protection on developed and developing nations in the global economy. Explain how and why nations protect domestic industries.
Examine the consequences of the unequal distribution of wealth. Examine the impact of globalisation for an economy you have studied other than Australia. Analyse the impact of international agreements and organisations on globalisation.
Discuss the role and influence of international organisations, contemporary trading blocs and trading agreements in the global economy for Australia. Explain the impact of the World Trade Organisation and regional trading blocs on global trade flows.
Describe ONE quality of life indicator used to measure economic development in the global economy. Discuss the impact of globalisation on living standards in the global economy.
Discuss the impact of trade flows on economic growth and living standards in the global economy. Explain the impact of global protectionist policies on Australia. Examine the effects of a continuing current account deficit on the Australian economy. Analyse how globalisation has affected individuals, firms and government in Australia.
Examine the consequences of a high level of foreign debt on the Australian economy. Analyse the relationship between the terms of trade, international competitiveness and structural change in the Australian economy.
Critically analyse the different methods of exchange rate determination used in countries around the world. Analyse the impact of a depreciation of the Australian dollar on the Australian economy.
Evaluate the reasons for international protectionist policies and their impacts upon the Australian economy. Evaluate the impact of globalisation on the Australian economy. Analyse the relationship between international competitiveness and structural change in the Australian economy.
Examine the relationship between the current account deficit, net foreign debt, and net foreign liabilities. Examine the factors that cause the value of the Australian dollar to fluctuate, and the impacts of these changes. Analyse the impact of globalisation on key economic indicators of another country in comparison to Australia Evaluate the reasons for international protectionist policies and their impact on the Australian economy and quality of life.
Discuss the effects of protectionist policies on the global economy Analyse the impact of globalisation on the level of development within the global economy Analyse the impact of the bop on the Australian economy Analyse the relationship between the TOT and the bop Analyse the impact of changes in the global economy on Australia's current account and net foreign debt Analyse the impact of globalisation on the economic performance of the Australian economy Analyse the relationship between structural change and international competitiveness in the Australian economy Analyse the impact of movements in the exchange rate on the Australian economy Evaluate Australia's policies regarding free trade and protection By floating the dollar, the Reserve Bank gave up any ability to control the amount of cash in money markets and thus influence the dollar’s exchange rate.
However, by the mids there was so much cash in global markets that the RBA was losing its capacity to regulate the exchange rate anyway. The main drivers of Australian imports are therefore likely to be Australian incomes, prices of imported goods relative to domestically produced goods, and gradual changes to the structure of the Australian economy and changes in tastes.
The Australian Securities Exchange in Sydney is the 16th-largest stock exchange in the world in terms of domestic market capitalisation and has the largest interest rate derivatives market in Asia.
overall, international protectionism reduces the output of the Australian economy when other countries subsidise their exports, they raise the supply and reduce the price of those goods on global markets. Major Influences on the Australian Dollar Exchange Rate 33 Around these longer-run trends both nominal and real exchange rates have been subject to quite major fluctuations.
As the Australian economy moves into the production phase of the mining boom a significant transition is underway. With resources sector investment probably having peaked, other sources of demand will need to strengthen if the economy is to grow at a rate consistent with full employment.
The Australian government is already suffering a fall in expected receipts from the collapse in the value of Australia’s mining exports (which impacts our terms of trade). The rise and fall of interest rates in the economy is a subject that receives a large amount of media coverage and is the subject of much discussion by the public. The careers of politicians can be made on their track record or promises relating to interest rates. Economists work full-time. The mundane reality is that military intervention in Iraq is a public policy decision like any other and has to be paid for with scarce funds. We're told the mission could cost about half a.