seano77
Walk On
- Joined
- Sep 17, 2006
- Messages
- 462
- Gender
- Male
- HSC
- 2008
Pretend you get a question about 'Issues associated with trends in the balance of payments', would you structure your response as the syllabus dotpoints outline below:
Issues associated with trends in the balance of payments, including:
• terms of trade
• size of the current account balance as a percentage of Gross Domestic Product
• foreign debt and foreign liabilities
– debt and equity
• international competitiveness
• structural change in the Australian economy
OR
How the Leading Edge textbook says:
Issues and trends of the Balance of Payments:
• The structure of Australia’s export base; focused on commodities- benefited from
• International competitiveness.
• Structural Change
• Terms of Trade:
• Cost of servicing foreign liabilities
• National Savings
Thanks for your help.
Issues associated with trends in the balance of payments, including:
• terms of trade
• size of the current account balance as a percentage of Gross Domestic Product
• foreign debt and foreign liabilities
– debt and equity
• international competitiveness
• structural change in the Australian economy
OR
How the Leading Edge textbook says:
Issues and trends of the Balance of Payments:
• The structure of Australia’s export base; focused on commodities- benefited from
• International competitiveness.
• Structural Change
• Terms of Trade:
• Cost of servicing foreign liabilities
• National Savings
Thanks for your help.