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Question 1. Globalising Australia. Read Chapter 1 of the report Globalising Australia, by the Australian Department of Industry, Innovation and Science: https://publications.industry.gov.au/publications/industryinsightsjune2018/documents/IndustryInsights 2 2018 ONLINE.pdf,

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Question 1. Globalising Australia. Read Chapter 1 of the report "Globalising Australia", by the Australian Department of Industry, Innovation and Science: https://publications.industry.gov.au/publications/industryinsightsjune2018/documents/IndustryInsights 2 2018 ONLINE.pdf, and answer the following questions (your answers can be complemented by information provided in other chapters of the report, as well as information obtain from other sources): a. (3 marks) In no more than 250 words summarise the key international trade transformations experienced by Australia since the 1970s. b. (3 marks) In no more than 250 words explain what is meant by a structural transformation that is generated when a country is exposed to international markets. How was the Australian manufacturing sector affected by the structural transformation observed in Australia in recent years

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