Desired Trade growth rate - please help?

  • Thread starter mel*k
  • Start date
  • #1
mel*k
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
 

Answers and Replies

  • #2
213
1
Does such a target exist? And do you mean growth in Net Exports (Xs - Ms, or Exports - Imports)?
 
  • #3
loseyourname
Staff Emeritus
Gold Member
1,749
5
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.
 
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