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What nation is the largest trading partner with Australia?

China is Australia's largest trading partner. That is true with exports as well as imports.


What is the most favored nation trade status?

an agreement to offer a trading partner the lowest tariff rate offered to other trading partners.


Why is Canada called a trading nation?

Canada is called a trading nation because of it's large economy. It has one of the largest trade base between a HUGE amount of country'. It is also called a trading nation because most of it's income is relied on trade. Trade is very important in Canada because the amount of jobs it creates and the money it brings in.


Who is Taipei important to?

Taipei is the capital of Taiwan. It is important in that Taiwan can be counted on as a friendly nation to the US in East Asia. Taiwan is also a trading partner with the US.


Why is it necessary for Canada to be a trading nation?

It is necessary for almost every modern nation to be trading nation. Very few, if any countries make everything they need, so trading is vital


How are economic reforms changing china today?

Economic reforms are changing China today because they are now the fourth largest trading nation. The first three trading nations are the United States, Europe, and Japan.


Which Indochinese nation is the largest in land area?

The Indochinese nation of Burma is the largest in land area.


Why Brazil is the largest nation?

Brazil is not the largest; Brazil is the 5th largest nation in terms of population and area.


What is the Caribbeans largest nation?

By area, the largest Caribbean nation is Cuba.


What is the largest nation in Central Asia?

Mongolia is the largest nation in Central Asia.


Where is the largest nation in the world?

Russia is the largest nation in the world. It is in northern Europe and Asia


What is Africa's largest nation by area?

area/ land size = Sudan population = Nigeria