Strong terms of trade for Australia (high prices for Australia’s exports) were an important factor in supporting the trade balance and the export contribution to the positive GDP result. Chalmers: strong commodity prices cannot be relied on to persist reasons to be optimistic about the economy ADVERTISEMENT – CONTINUE READING BELOW www.forexlive.com
Strong terms of trade for Australia (high prices for Australia’s exports) were an important factor in supporting the trade balance and the export contribution to the positive GDP result.
Chalmers:
- strong commodity prices cannot be relied on to persist
- reasons to be optimistic about the economy
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