The Modest Size of the Manufacturing Sector in Both Australia

question 233

Multiple Choice

The modest size of the manufacturing sector in both Australia and New Zealand is the result of which one of the following?

• A) The unemployment rate is low, leaving few workers for the manufacturing sector.
• B) The UK has increased its reliance on the region's raw materials.
• C) They were unable to keep up with increasing domestic demand.
• D) Competition from Asian firms is stiff.

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Definitions:

Percentage Increase

The proportion of growth from one period to another, typically expressed as a percentage.

Coupon

The annual interest rate paid on a bond, expressed as a percentage of the face value.

Bond Maturity

The date on which a bond’s principal amount becomes due and is repaid to investors and the bond issuer’s interest obligations cease.

Corporate Bonds

Debt securities issued by corporations to finance their operations and projects, typically offering a fixed rate of return.