Question
Note on the Australian economy in the era of globalisation.
Answer :
Word Count : 242
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The Australian economy has undergone significant transformation in the era of globalisation, reflecting its integration with global markets and international economic trends. Traditionally reliant on agriculture and mining, Australia has diversified its economic base to include services, finance, and technology sectors, making it more resilient to domestic fluctuations. Globalisation has facilitated increased trade, particularly with major partners such as China, Japan, the United States, and countries in the ASEAN region. Exports of minerals, coal, natural gas, and agricultural products have
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