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A 25% drop in the value of the Australian dollar since 2012 helps boost inbound education services and tourism, service exports that grow rapidly by the end of 2015. This helps Australia withstand the sharp drop in prices of metals and other commodities exports. GDP was up 3% in the 4th quarter of 2015 over the prior year.
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Australia Finds Something Else to Export to China
Wall Street Journal 03.03.2016
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