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How does Australia benefit from exporting goods to overseas countries?
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∙ 15y ago
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How does being multicultural society benefit Australia?
Being a multicultural society benefits Australia because we can learn more about other religions who countries and the way they live.
What are the benefits of trading with other countries?
we get the stuff we dont have from other countries and the stuff we have too much of we can give to other countries.. We benefit from trade from other countries because money is given by overseas countries to pay for the goods or sevices they buy and is put into the Australian economy. By importing we receive goods or services we do not have and benefit from the growing variety.
What did businesses in the 1950's do to benefit from a cheaper labor pool?
Expand overseas.
How did Australia benefit by being colonized?
In 200 years, it advanced from being a society of stone age peoples to one of the more prosperous and stable countries in the world.
How did Australia benefit from Britain colonialization?
:)
What country is influenced by Muslim religion?
All countries. 54 countries have Islam as their State religion while the rest of the nations in the world ( like EU, USA, Australia, and others ) benefit from the rich culture of Islam.
Is sales tax included in military overseas car purchases?
no there is now tax inculded for milatry when they buy a car overseas this isof coursea benefit to them and save money.
How might countries benefit from interdependence?
Countries benefit from interdependence because it exposes people to diversity. When countries are more diverse, the level of tolerance for different cultures increase.
How do cattle ranchers benefit Brazil?
They provide a boost to Brazil's economy with the cattle they raise and sell.It's nothing different from what occurs in the USA, Canada, Australia or other countries that have cattle producers.
How do countries benefit from specialization?
Based on the concept of comparative advantage, a country will tend to specialize in fields where they have an advantage relative to other countries. Countries such as Australia have vast amounts of natural resources, so will tend to specialize in exporting mineral ore. China, with its vast labour pool will tend to specialize in manufacturing and the U.S with its vast R&D investment will tend to be the one who owns the intellectual property and patents. Though the examples given are simplistic in nature, they show that by specialising in areas where countries have an advantage they are on-the-whole better-off compared to attempting to do all the tasks; to do so would be inefficient. Hence, by allowing specialization countries are able to have a level of consumption or production greater than if trade was not conducted.
How does the US benefit from a reconstructed Japan?
A big benefit is the trade between the two countries
How do the olympic games benefit countries?
Commerce.
