Australia's Services Sector Is 70% of GDP

Australia's Services Sector Is 70% of GDP

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the significance of the financial services sector in Australia's economy, highlighting its contribution to GDP and employment. It introduces the Asia region funds passport, aimed at facilitating cross-border investment. The video also covers Australia's efforts to reduce corporate tax rates to enhance competitiveness and explores trade relations with China. Finally, it addresses the ongoing debate between free trade and protectionism in the Asia Pacific region.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of Australia's GDP is represented by the services sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the Asia region funds passport and what benefits does it provide?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Australia plan to remain internationally competitive in terms of corporate tax rates?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Australia face in reducing the corporate tax rate?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Australia view its trade relationship with China amidst recent tensions?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the impact of China's investment in Australia?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of protectionism in the Asia Pacific region for Australia?

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