Australia's Trade Pattern and Composition

What this note covers

1. Composition of Australia's Exports: The Commodity Backbone
2. Composition of Australia's Imports: Consumer, Capital, and Intermediate Goods
3. Australia's Services Trade: A Growing but Structurally Uneven Sector
4. Direction of Trade: Major Trading Partners
5. Significance of Commodity Exports: The Terms of Trade and Structural Issues
6. Free Trade Agreements and Trade Policy Context
7. Applied Example: The China Relationship — Interdependence and Risk

7 sections · 14 key terms & formulas · 6 common mistakes