Question 1
Australian exports (goods and services) along with its top 8 export markets in 2004-05 and 2014-15 are shown in the table stored in file EXPORTS.XLSX (in the course website). Using this data, answer the questions below. (4 Marks)
• Use an appropriate graphical technique to compare the value of Australian exports (in A$ bn) in 2004-05 and 2014-15, broken down by country of export destination.
(1 mark)
• Use an appropriate graphical technique to compare the percentage value of Australian exports (in %) in 2004-05 and 2014-15, broken down by country of export destination.
(1 mark)
• Comment your observations in parts (a) and (b). (2 marks)