Posts Tagged ‘Australia’

Australia Natural Resources and Environment

Australia has a fairly developed and modern market economy. GDP of the country was over trillion by the end of the year 2009. Member of APEC, WTO, OECD and G20 organizations; Australia has entered into free trade agreement with a number of nations. Such list includes international organization like ASEAN and countries like Thailand , United States , Chile , Singapore , and New Zealand .

Basic Features of Australian Economy

•  In terms of nominal GDP it was the 13 th largest in the world.

•  In terms of PPP adjusted GDP it was the 18 th largest in the world.