Australian Economy- IRON ORE Essay Help

Australian Economy- IRON ORE

ESSAY QUESTION

Explain how IRON ORE is traded in the financial markets and discuss the significance of this commodity to the Australian economy using the market price fluctuations of that commodity duringthe last 12months.(500WORDS)

  1. NOTE:You should direct your general focus on how the commodity price is related to Australia’s economic interests. You may want to think of factors such as the COVID pandemic or trading relations with other countries being the driving force behind how the commodity price fluctuations have hurt or benefited Australian investors.
  1. In relation to the point above, however, please make sure that your essay addresses all the aspects of the question.
  2. This is not a review of scholarly research so you can rely on reputable secondary financial news portals for the most current and relevant information such as the Australian Financial Review, The Wall Street Journal, Bloomberg and Forbes. Forpricerelatedinformation,pleaseconsiderusingYahoo!Finance–thisisaneasytousesiteforstudentsthatarejustlearningabout commodities.
  1. Please avoid using Wikipedia or Investopedia as these are crowd-sourced repositories which may contain disputed or unverified information.
  1. This is an essay, therefore establish an essay question with supporting evidence (examples) and convince the reader of your perspective. It is like telling a story.
  1. Ensure the Appendices are inserted after the Reference List.
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