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by nl
5306 days ago
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The size of GDP mostly correlates to population (assuming stable living conditions). "How well" and economy is going correlates well to exports. Agriculture and mining do make up 57% of exports however, thus keeping the trade balance on keel. Mining makes up 47% of the total - agriculture as a whole is smaller than Gold alone, and roughly the size of our crude petroleum exports (I never realize that!). See http://www.dfat.gov.au/publications/trade/trade-at-a-glance-... |
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