Name two major economic reforms of the 1980s in Australia.

Name two major economic reforms of the 1980s in Australia.

• A. Floating of the Australian dollar (1983) and broader microeconomic and trade reforms, including deregulation and tariff adjustments.
• B. Introduction of a fixed exchange rate and nationalisation of key industries.
• C. Implementation of a universal basic income and isolationist trade policies.
• D. Reinstatement of protectionist tariffs without deregulation.

Answer: (A)