Hi there,
A resource boom is usually characterised by extremely high demand for a nation's commodities e.g. iron ore. Australia went through a boom (probably still is going but running slower than before) which was caused by China and India's peak demand for our non-renewable resources. They...
i) Select the main strategies e.g. strategies for recovery from the post-GFC period.
ii) Explain the strategies individually including statistics and the effect on the economy
iii) Evaluate whether the strategies have been effective/successful in bringing out the desired changes to the economy
From memory, a pegged currency that has a fixed rate of exchange with other countries e.g. we fixed the Chinese Yuan so 6 Chinese Yuan = 1 Australian dollar. But if we were to depeg it then the exchange rate can vary according to market demand and supply fluctuations. Historically, China has...
Don't worry haha. We will just have to wait and see, you said your PWC app wasn't great and you ended up getting in so don't be so quick to dismiss your chances!! :P
China is the easiest to do research on/find statistics for. Economic growth and development strategies such as the 5 year plans are especially well publicised.
Perhaps you could place this under impacts on economic growth and development. I would probably bring this point up towards the end of your body paragraph on economic growth OR development. More weight should be placed on China's special economic zones and strength throughout GFC and post-GFC...