Part C: Federal Budget And Trade Flashcards
0
Q
To whom are Australia’s main exports?
A
China Japan Korea USA India
1
Q
From whom are Australia’s main imports?
A
China Japan USA Singapore Thailand
2
Q
What are Australia’s main imports?
A
Iron ore Coal Education-related travel services Natural gas Gold
3
Q
What are Australia’s main exports?
A
Personal travel services Crude petrol Passenger motor vehicles Refined petrol Freight transport services
4
Q
What is meant by trade?
A
Trade is the action of buying and selling goods and services.
5
Q
What is a tariff?
A
A tariff is a tax or duty to be paid on imports and exports. A toll.
6
Q
What are multinational (transnational) companies?
A
A multinational company is a company that has its facilities and other assets in at least one other country than its home country.
7
Q
List some examples of multinational corporations.
A
Coca-cola Sony Honda Google Nintendo
