Australia's Economy Is 'Remarkably Reslilient,' Says Frydenberg

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the major impacts of the coronavirus on the Australian economy as discussed in the video?
Increase in domestic tourism
Disruption to international supply chains
Growth in agricultural exports
Rise in local manufacturing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has Australia benefited from its economic relationship with China?
By reducing its dependency on international students
Through increased exports of resources, agriculture, and services
By limiting the number of international tourists
Through a decrease in trade agreements
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries has Australia recently signed free trade agreements with, as mentioned in the video?
Mexico and Canada
Russia and South Africa
Indonesia and Japan
India and Brazil
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What fiscal measure has the Australian government taken to support the economy?
Established a national Bush Fire Recovery fund
Decreased funding for drought relief
Increased taxes on imports
Reduced infrastructure spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current cash rate set by the Reserve Bank of Australia as mentioned in the video?
0.5%
3.5%
2.75%
1.5%
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