Changes

==Exports and Imports==  

==Exports and Imports==  

The economy of Australia is very different to that of other developed countries in a number of ways like it has a very similar amount of exports compared to imports which is generally not seen in Western Economies. This is mainly due to the fact that Australia is vast and rich in natural resources and exports items such as coal, gold, meat, wool, iron ore, wheat and machinery. Australia has maintained trade links with various countries throughout history but more recently with the economic boom of China and India our exports (especially natural resources) have experienced a spike in growth. In 2008 China was 2nd while India was 4th on the Australian exports list and China was 1st on Australia’s Imports list.

The economy of Australia is very different to that of other developed countries.  For example, there  is a nearly equal amount of exports compared to imports, which is generally not seen in Western Economies. This is mainly due to the fact that Australia is vast and rich in natural resources, and exports items such as coal, gold, meat, wool, iron ore, wheat and machinery. Australia has maintained trade links with various countries throughout history, but more recently with the economic boom of China and India exports (especially natural resources) have experienced a spike in growth. In 2008, China was 2nd while India was 4th on the Australian exports list, and China was 1st on Australia’s Imports list.

==Strong growth==

==Strong growth==