Social Studies, 16.04.2020 01:24, michaelgold1

In 2014 Australia had a positive balance of trade, meaning they exported more than they imported. Which of these BEST explains why this occurred?
A) No other countries in the world produces the amount of raw materials that Australia produces.
B) Australia specializes in the production of a few goods that are highly desirable around the world.
C) Due to few trade partners in the Pacific, Australia has been forced to trade exclusively with the countries of Europe.
D) Australia has imported less than they exported because they already have the capability to produce all of the products that the country needs.

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In 2014 Australia had a positive balance of trade, meaning they exported more than they imported. Wh...