Australia's June Trade Surplus Narrows More Than Expected

Australia's June Trade Surplus Narrows More Than Expected

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Australia's trade surplus for June, which was lower than expected at 856 million Australian dollars, compared to the anticipated 1.8 billion. Imports rose by 2% while exports fell by 1%. The period coincided with low iron ore prices and a strengthening Australian dollar. The video concludes with a recap of these economic indicators and their implications.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the trade surplus for June in million Australian dollars?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did the imports rise from a month earlier?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage change in exports from a month earlier?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the lowest price for iron ore during June?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend was observed in the Australian dollar during this period?

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