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Which of the following is true? In Australia, international trade has increased consistently over the past...

Which of the following is true?

In Australia, international trade has increased consistently over the past 30 years as tariffs have decreased on average from a high of 17 percent in the mid 1980s.

In Australia, international trade has increased consistently over the past 30 years as tariffs have decreased on average from a high of 7 percent in the mid 1980s.

In Australia, international trade has decreased consistently over the past 30 years as tariffs have decreased on average from a high of 7 percent in the mid 1980s.

In Australia, international trade has increased consistently over the past 30 years as tariffs have decreased on average from a high of 1 percent in the mid 1980s.

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Answer #1

In Australia, international trade has increased consistently over the past 30 years as tariffs have decreased on average from a high of 17 percent in the mid 1980s.

(Tariff in Australia peaked at 17% in mid 1980s and after that tariffs have decreased due to which international trade has increased consistently.)

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