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Country Info for:
- Australia
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Australia Economy Overview
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| 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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