The global economy

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Question 10

Using the data in Table 1, calculate in AUD$bn the trade balance (representing the net trade component of the current account) for Australia for the year ending 2022. You are advised to show your working.

Table 1: Australia's Trade in Goods and Services (2022)

	AUD$bn
Imports	482
Exports	427
Total Trade	909

[2]

The global economy

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49

Question 10

Using the data in Table 1, calculate in AUD$bn the trade balance (representing the net trade component of the current account) for Australia for the year ending 2022. You are advised to show your working.

Table 1: Australia's Trade in Goods and Services (2022)

	AUD$bn
Imports	482
Exports	427
Total Trade	909

[2]

The global economy

Question 10

Table 1: Australia's Trade in Goods and Services (2022)

The global economy Questions

The global economy

Question 10

Table 1: Australia's Trade in Goods and Services (2022)

The global economy Questions