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Imagine you are an economic analyst preparing a report for the Australian government regarding the potential risks to the country's international trade success in 2024
Imagine you are an economic analyst preparing a report for the Australian government regarding the potential risks to the country's international trade success in 2024 and beyond. Based on the provided baseline forecast, which indicates a global economic slowdown and declining inflation rates, analyse the following: What global economic and geopolitical risks could impact Australia's international trade success with other countries in 2024 and beyond? (2 marks) Considering the economic projections, what economic and geopolitical risks should Australia be aware of and manage in the Asia Pacific region? (2.5 marks)
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