Australian Natural Resources And Economy: Question Preview (ID: 18955)

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Australia is one of the worlds leaders in mining iron ore
a) True
b) False

What region has the highest concentration of mining activities in Australia?
a) West
b) East
c) South
d) North

What region of Australia has the least amount of mineral concentration?
a) North
b) South
c) East
d) Central

The outback is very arable
a) True
b) False

These are all a large part of the Australian Economy EXCEPT....
a) Coal
b) Gold
c) Iron Ore
d) Oranges

Australia's arable land lies in the
a) Interior
b) Outback
c) more temperate climate areas

Australia has what type of Economy?
a) Command
b) Mixed
c) Pure Market
d) Traditional

Businesses specialize because they.....
a) can sell more goods
b) can make more goods in less time with less money
c) want their workers to know how to do everything
d) can produce goods at a slower rate

The term Division of Labor is used describe
a) GDP
b) Wages
c) Specialization
d) Trade Barriers

A barrier to trade that puts/sets a limit on the amount of something that a country can buy from another country is a/an..
a) Tariff
b) Quota
c) Currency
d) Embargo

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