1. Australia's government is a representative democracy, close to that of the United Kingdom. Although the federal government is divided into "three arms" – senate, council, and judiciary – the executive reports to the parliament.
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3. Australia has a hybrid economic structure in which private sovereignty is balanced with centralized economic control and government oversight. Australia is a participant in the Asian Pacific Economic Cooperation (APEC) and the Trans-Pacific Partnership (TPP) (TPP).