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Australia Trade and Finance

            The topic specified is trade and finance but in this assignment, I shall be concentrating on more of the trade aspects of this link.
             In your chosen area, identify and describe the way your chosen link operates nationally, regionally and globally.
             In Australia trade is used to improve the overall stability of the economy. Trade operates on a national level in Australia without the implementation of interstate barriers or tariffs. Separate states only very rarely trade amongst themselves, instead individual companies are involved in the process of buying and selling goods within other states for eg. Many tropical fruits from Queensland are sold to other states from individual producers but not actually by the state itself. The Australian stock exchange is also an example of this as it operates nationally instead of operating separately in different states.
             Trade operates internationally, in the step towards a strong global economy but Australia's main trading occurs on the regional scale within the Asia-Pacific as a result of the proximity of the region which allows for cheaper trade with more efficient transportation methods. Australia is one of the major trading partners of South-East Asia and is responsible for exporting mainly primary products and commodities but a range of other goods and services to other countries in this region. .
             Main Goods and services Australia export.
             It is evident that the Primary product sector.
             Provides much of Australia's trade revenue.
             .
             Trading opportunities in this region is also enhanced with the region having a sustained period of economic growth. China and India are two of the countries with the greatest improvement in their economy and Australia also benefits by this as the are the two most populated countries and so require goods to sustain their population.


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