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Australia can not produce everything it wants to meet it's requirements. therefore to make up for the shortfall it trades materials that it has a lot of for money with which we get the extra things that we can not produce,

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Q: Why is trade important to Australia?
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Related questions

What country is most important for Australia to trade?

New Zealand


Reasons why trade is important to Australia?

so we can sell our goods and recieve goods we may not have in australia without paying money


Nearby country that is most important to Australia trade?

Where is New Zealand


What is Australia trade barriers?

Australia is an island that is trap in the southern coast and countries have to travel far to trade with Australia.


What six countries are most important for world trade?

United states, China, India, Canada, UAE and Australia.


What are the three most important global connections Australia has with the rest of the world?

The three most important global connections Australia has with the rest of the world includes the United Nations, Group of 20 major economies, and World Trade Organization. Australia is the 12th largest contributor to the UN.


Australia trade with China?

Yes, Australia trades with China.


How does Australia's climate impact Australia's ability to trade?

Yes it does.


Are Australia and new zealand still trade partners?

Yes. Australia and New Zealand still trade numerous products.


Who were Australia's main trade partners in 1973?

Japan and China were Australia's main trade partners in 1973. In 2009 China surpassed Japan to be their top trade partner.


Did Australia have any slaves?

No, Australia was never involved with the slave trade.


Does Australia have good trade?

yep