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Desired Trade growth rate - please help?

  1. Sep 20, 2010 #1
    Hi
    I was just wondering if anyone could please tell me what Australians desired trade balance growth rate is Per year of GDP (macroeconomic policies)?

    is trade aimed at a target of 3 % of GDP????

    i know
    inflation = 2-3%
    GDP = 3%
    but cannot find trade?

    Any help would be really appreciated
    Thanks Mel
     
  2. jcsd
  3. Sep 22, 2010 #2
    Does such a target exist? And do you mean growth in Net Exports (Xs - Ms, or Exports - Imports)?
     
  4. Sep 22, 2010 #3

    loseyourname

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    Gold Member

    The target balance of trade surplus is 1% of GDP and target export growth is 6.25% per year (monetary, not volume).

    Source is http://www.dfat.gov.au/publications/mortimer_report/mortimer_report.pdf [Broken] published in 2008 by the Australian Department of Foreign Affairs and Trade.
     
    Last edited by a moderator: May 4, 2017
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