Australia “The Land Down Under” *Geography* Australia is the sixth largest country in the world. It lies in the Southern Hemisphere between 11° and 44° south latitude and 113° and 154° east longitude. The entire area of land is about the same size as the continental United States, or about one and a half times the size of Europe. The mainland of Australia has an area of 2,967,909 square miles. The country is divided into six states: Queensland, New South …showed first 75 words of 1477 total…

…showed last 75 words of 1477 total…in international markets continues to be severe. While Australia has suffered from the low growth and high unemployment characterizing the OECD countries in the early 1990s and during the recent financial problems in East Asia, the economy had expanded at a solid 4% annual growth pace in the last five years. Growth in 2002 will depend on key international commodity prices, the extent of recovery in nearby Asian economies, and the strength of US and European markets.