2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When did China and Australia Trade Ministers hold their first meeting since?
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2019
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2015
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2012
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2018
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Explanation:
Detailed explanation-1: -Australia’s Composition of Trade publication When the first Composition of Trade was released by the Department of Trade and Industry in 1964, trade constituted 28.7 per cent of Australia’s Gross Domestic Product (GDP) with two-way goods and services trade at $6.1 billion1.
Detailed explanation-2: -Overview In March 2023, China exported $7.32B and imported $13.7B from Australia, resulting in a negative trade balance of $6.39B. Between March 2022 and March 2023 the exports of China have increased by $1.42B (24.1%) from $5.9B to $7.32B, while imports increased by $1.87B (15.7%) from $11.9B to $13.7B.
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