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Australia's Place in the Global Economy (Exchange Rates (measurement…
Australia's Place in the Global Economy
Trade & Financial Flows
Value, composition and direction
trends in Australia’s trade pattern
trends in financial flows – debt and equity
Australia’s Balance of Payments
structure
Current Account, debits and credits
Capital and Financial Account
links between key Balance of Payments categories
trends in the size and composition
effects of these trends on Australia’s Balance of Payments
international competitiveness, terms of trade, international borrowing, foreign investment
Exchange Rates
measurement
other individual currencies
Trade Weighted Index
factors affecting the demand for and supply of Australian dollars
changes in exchange rates – appreciation/depreciation
determination of exchange rates including fixed, flexible and managed rates
the influence of the Reserve Bank of Australia on exchange rates
the effects of fluctuations in exchange rates on the Australian economy
Free trade and protection
Australia’s policies regarding free trade and protection
Australia’s multilateral and bilateral free trade agreements
implications for Australia of protectionist policies of other countries and trading blocs
the implications of Australia’s policies for individuals, firms and governments