Task 1. Evolution of Australia's goods and services trade

The data required for this task can be found in Statistics File 1.

(2 marks) Exports of goods and services. Use Excel to produce a line graph including Australia's total exports of goods, and Australia's total exports of services between 1989 and 2019. Discuss your findings. (300 words)

(2 marks) Imports of goods and services. Use Excel to produce a line graph including Australia's total imports of goods, and Australia's total imports of services between 1989 and 2019. Discuss your findings. (300 words)

(2 marks) Balance of Trade. Calculate Australia's trade balance for goods, services and for total trade between 1989 and 2019. Show your results on a table. Discuss your findings. (300 words)