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Last min T1 Flashcards

(8 cards)

1
Q

Aus top 5 2 way trading partners

A

China US Japan South Korea India

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2
Q

Aus top 5 export countries

A

China japan korea usa india

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3
Q

Aus top 5 import source

A

china us japan korea singapore

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4
Q

Eg of regional trade agreement and bilateral + def

A

bilateal KAFTA , Regional European union

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5
Q

What is just on import and export graph quantiy

A

Qe

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6
Q

REMEMBER

A

PUT SF, SD ON SUBSIDY AND TARIFFS MODEL AND DONT FROGET SHOWIN IMPORTS DIFFERENCE WITH ARROWS PLZ

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7
Q
A

DONT FORGET ARROWS AT BOTTOM, PUT SF AND SD

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8
Q

Trade liberlisation def

A

Trade liberalization is the removal of tariff and non-tariff barriers in trade,

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