This is by no means a certainty though and while there are signs of an  3  At this point the terms of trade have fallen by 15 per cent since the 2011 peak (back to their 2008 peak!).
Assuming a further fall of 15 per cent over the next few years, the terms of trade will still have a 10-year average level 50 per cent higher than the 20th century average. 4  Stevens G (2013), “Economic Conditions and Prospects”, Address to the Economic Society of Australia (Queensland) 2013 Business Luncheon, Brisbane, July.