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Australia TEST 2018
Australia
Question | Answer |
---|---|
What action by the Australian government would make its economy less like a mixed economy and more like a pure market economy? | let supply and demand determine the price for items |
Australia's predominant language is _____ | ENGLISH |
Australia is most likely to trade with _____ | CHINA |
Why are many of Australia's animals and plants found nowhere else on Earth? | the country is a GREAT distance from other large landmasses |
The percentage of Australians working in agriculture is 3.6%. What conclusion can be drawn? | Most Australians work in urban areas |
Where is the Great Barrier Reef? | in the Coral Sea off the NE coast of Australia |
What kind of economy has both command and market characteristics? | mixed |
Off which coast in Australia would you find the Indian Ocean? | off the Western coast of Australia |
The Aborigines make economic decisions based on customs and beliefs. What kind of economy is this an example of? | traditional |
Why does AUSTRALIA have a HIGH GDP? | investment in factories and technology, education and training high literacy rate |
How are tariffs and quotas alike? | they restrict or limit trade between countries |
What is something the Aborigines and the indigenous of Latin America have in common? | The were both negatively affected by European diseases. |
A trade barrier that discourages trade by placing a tax on foreign goods is called a ___ | tariff |
What is an important role of entrepreneurs in the Australian economy? | jobs are provided |
What kind of economic systems do most democratic nations have? | mixed |
What is true about economic systems in Australia? | Laws protect business owners |
Why do Australians exchange currency in order to trade with other countries? | businesses in other countries use their own currency, not Australian dollars |
Australia, Brazil, Mexico all have what kind of economies? | Mixed |
What is the purpose of an embargo? | to ban or stop trade |
When would tourists go to Australia's beaches? | December - March |
Why do people settle where they do in Australia? | The eastern coast is densely populated because of the mild climate while the interior is sparsely populated because of the harsh environment. |
What are the affects of British colonization on the Aboriginal people today? | Aborigines still have higher poverty rates. |
Australia and China are trading partners because of their close proximity with one another. What do the countries trade? | China provides Australia with furnished goods, like cars in exchange for Australia's natural resources, like minerals. |
What is human capital? | training and education |