Which of the Following Statements About Australian International Trade in 2010/2011

question 68

Multiple Choice

Which of the following statements about Australian international trade in 2010/2011 is correct?

• A) Australia imported only goods.
• B) The value of Australian exports was about 33 per cent of the value of total Australian production.
• C) Australia was in the Top 10 largest exporters in the world.
• D) The value of Australian exports exceeded the value of Australian imports.

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Definitions:

Stock Split

A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall market capitalization remains unchanged.

Call Option

An economic agreement that grants the buyer the option to acquire an asset such as a stock, bond, commodity, or similar at an agreed-upon price before a certain deadline, without being compelled to do so.

Exercise Price

The price at which an option holder can buy or sell the underlying asset.

Money Spread

The difference between two prices or rates, often used to describe the gap between bid and ask prices in financial markets.