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australian economy

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Why is Australia commonly referred to as down under? A term that has been used for over a century? This nickname is often used by people from other countries to describe the location of Australia in relation to the rest of the world. While it is not the only nickname used for the country, “down under” is the most popular and widely recognized. But why is Australia commonly referred to as down under? In this…

Is Australia considered part of the United Kingdom? Australia is not considered part of the United Kingdom. It is a sovereign country with its own government, currency, and laws. The relationship between the two countries is historical, dating back to 1770 when British navigator Captain James Cook claimed the land for Britain. Over the next century, the British established a colony in the area and transported convicts there to work. However, Australia has been an…