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Australia in the Global Economy · Term 3

Buying and Selling Across Borders

Understanding how buying and selling goods and services with other countries works, and how it affects prices and choices.

Key Questions

  1. Explain how buying products from other countries can offer more choices to Australian consumers.
  2. Analyze the impact of Australian products being sold overseas on local businesses.
  3. Predict how a popular Australian tourist destination might be affected if fewer international visitors arrive.

ACARA Content Descriptions

Year: Year 7
Subject: Economics & Business
Unit: Australia in the Global Economy
Period: Term 3

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