Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Australia’s central bank has cut its key interest rate again, to a record low, underscoring concern that a global commodity slump and slower growth in China will weaken its resource-based economy, while economic growth posted by the country’s key trading partner, China, is slowing.
Canada has a similar resource-based economy, dependant on exports. Weaker commodity prices help to explain, according to economists.
Interest rates are at entirely different levels in the two countries. While the Bank of Canada’s key rate remains at 1 per cent, the cut in Australia takes its rate to a record low of 2.25 per cent. Australia never made the deep rate cuts that Canada and the U.S.
Population: 33.476.688 (35th) GDP: $1.488 trillion (13th) GDP per cápita: $42.734 (9th)
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