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Telecommunications, tourism and cars are prime examples of Australia's major(1 Point)ExportsImportsLeakagesGovernment Intervention

Question

Telecommunications, tourism and cars are prime examples of Australia's major

(1 Point)
Exports
Imports
Leakages
Government Intervention

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Solution

In the context of Australia’s economy, telecommunications, tourism, and cars are prime examples of the country’s major exports.

Explanation

  1. Telecommunications: Australia exports telecommunications services and products, including technology and infrastructure to various countries.

  2. Tourism: As a significant contributor to the Australian economy, tourism generates revenue through services provided to international visitors.

  3. Cars: While Australia has seen a decline in car manufacturing, cars that are exported still form part of the nation's export sector, alongside components and technology related to automotive development.

These sectors contribute to Australia's economic performance by generating revenue through overseas sales and services.

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