2007-11-24 14:03:45 · 6 answers · asked by Anonymous in Politics & Government ➔ Government
According to this list it is Canada.
http://www.aneki.com/largest_economies.html
2007-11-24 14:14:41 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I would say Canada because I don't really know enough about Australia. I can tell you that Canada is an economic,natural resource powerhouse, we have had 12 straight surplus budgets.(only one in the G8).We have the second largest oil reserves on the planet and I would predict that within 15 to 20 years we will have the largest.Our dollar is worth more than the US dollar gaining approx.20 to 25% within the last 18 months.The Canadian economy has grown signically since Bush has been in power and has put his economy in the toilet. I think that Canada has really grown with many more trading partners over the past years so that we are not so dependant on the US. Well that is my case for Canada , I wish I knew more about our friends from down under.
2007-11-24 14:18:57 · answer #2 · answered by ? 5 · 2⤊ 1⤋
Canada is a G-8 country. Australia is doing very well but it isn't part of a large trading bloc like Canada is with NAFTA. Australia is also a smaller economy.
As you will see if you check out the link below, both countries are very close as far as standard of living and GDP goes.
2007-11-27 08:48:54 · answer #3 · answered by typre50 3 · 0⤊ 0⤋
Canada has 2X the population of Australia and 2X the GDP of Australia. Canada has a trade surplus while Australia has a trade deficit.
The US economy is 10X that of Canada and is still growing at a faster rate. Canada has a higher unemployment rate than the US. So much for the US economy being in the toliet.
2007-11-24 15:03:16 · answer #4 · answered by dadvice1 5 · 1⤊ 1⤋
As the USA's largest trading partner, it has to be Canada.
2007-11-24 14:45:25 · answer #5 · answered by Caninelegion 7 · 0⤊ 0⤋
Do the Aussies have the second-largest oil deposit on earth?
2007-11-26 04:57:09 · answer #6 · answered by CanadianFundamentalist 6 · 0⤊ 0⤋