In order to summarize the theme that is dealt in the research project which tries to highlight the role played by the growth rate of GDP and Fiscal Policy on trade. According to this research project, the researcher especially tried to exemplify the importance of GDP growth rate and fiscal policies of Asia and Australia on their trading relations. The researcher had taken up certain aims and objectives and research questions to serve as a base for the research work.
The above conceptual framework has been framed on the basis of the analysis and the findings of the research survey. The framework thus formed gives a very clear idea of how the different factors such as-the determinant factors of GDP growth rate and fiscal policy. It also shows how these factors influence the balance of trading relations in between the two continents. On one hand, the independent variables are the effect of fiscal policy and the effect of country’s economic growth. On the other hand, the dependent variable is assumed as the trading situation between the two continents.
To summarize the research study, which had been taken up by the researcher, had tried to find out the effects of GDP growth rate and Fiscal Policy on the trade in between Asia and Australia. Therefore, a detailed study had been carried out to understand the factors underlying factors that motivate to build foster trade and commerce in between Asia and Australia. Trade and commerce is one of the strong bases on which a country can count on its economic strength. In order to be a strong economic power, the foremost requirements are to calculate its annual economic output. The research study thus taken up, considered the two rising powerful economies – Asia and Australia. The study tries to uncover the facts that are important to be discussed in order to find out the critical appreciation of the research topic. The research paper has well diversified the aggregate demand of the respective provinces and the important part GDP and fiscal policies plays in order to aggravate the trading relationship between them.