Australia is one of the top economies of the world. Blessed with natural resources, Australia is one of the world's largest exporters of agricultural products. Ever since it has entered into free trade agreements with ASEAN countries, Chile, Singapore, Thailand, New Zealand, and the United States, the economy of Australia has greatly increased. In fact, the Gross Domestic Product (GDP) is an overwhelming 1 trillion US dollars. Consequently, in 2008, Australia was the 14th largest economy, based on its nominal GDP.
Moreover, Australia accounts for about 1.7% of the World economy. Other than its high Gross Domestic Product, Australia ranked 21 in the largest global exporter, and ranked 23 in the largest exporter. These are indeed mil...
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