It may be seen that Australia's area is about
80% of the USA's ... but its population is about 7%
of the USA, and its total GDP less than 10% of the
USA. ... however per capita GDP for Australia had since
2008 become higher than that of the USA
- due to substantial mineral (coal; iron ore) exports in the
past decade, and comparative resilience to the 'global financial
crisis' - factors attracting international capital, and leading
to 45% inflation in relative $A:$US exchange rates - which also
increased nominal Australian GDP in $US terms.
So what can Australia offer the USA ? As an export
market, very little compared to their other markets, many of
which have higher growth rates ... and the inflated $A value
has proven a handicap to Australian-based exports.