Obtain data on real GDP, exchange rate, net exports (exports – imports), and the cash rate…

(1) Obtain data on real GDP, exchange rate, net exports (exports – imports), and the cash rate (interest rate). Then using
graphs and statistical summaries, discuss the relationships between the following variables:
a. Growth of net exports as a share of real GDP and the exchange rate
b. Growth of net exports as a share of real GDP and the cash rate
(2) Conduct a simple regression analysis to investigate factors that influence the growth of net exports as a share of real GDP
in Australia.
(3) Given the insights gained from (1)–(2), discuss how macroeconomic policies, particularly monetary policies, would
contribute to improvement of net export growth as a share of real GDP in Australia?
Students need to support their analysis with a minimum of 10 academic journal articles plus the text. Students aiming for a
Credit or higher grade will need to use more sources. Articles should be relevant and recent. Non-academic journal sources
may also be used, but relevance and validity should be clarified with the lecturer/tutor.

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