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Australia Economy Overview


Flag of Australia
Economic Environment : Prosperous Western-style capitalist economy. Economy has expanded at a reasonably steady rate in recent years. In addition to high unemployment, short-term economic problems include a balancing of output growth and inflationary pressures and the stimulation of exports to offset rising imports, especially given the Asian economic crisis. :
Industries : Major exporter of agricultural products, minerals, metals and fossil fuels.
Infrastructure : Excellent domestic and international telephone service.
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- AsiaTravelinfo.com.