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Essay / Research Paper Abstract
A 13 page paper examining New Zealand’s growing influence in international trade. New Zealand eliminated its last few trade restrictions in the late 1990s to become one of the least-regulated countries in the world in terms of trade regulation. It has an active import-export market; Australia, the United States and Japan comprise its primary trading partners, with the United Kingdom, China and Germany following. The purpose here is to agree with the statement that “Latin America and Australia could be a threat or an ally in New Zealand’s trade with the northern hemisphere.” Currently, Australia is an ally; Latin America seems to be neutral. Bibliography lists 10 sources.
Page Count:
13 pages (~225 words per page)
File: CC6_KStradeNewZeal.rtf
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Unformatted sample text from the term paper:
its last few trade restrictions in the late 1990s to become one of the least-regulated countries in the world in terms of trade regulation. It has an active import-export
market; Australia, the United States and Japan comprise its primary trading partners, with the United Kingdom, China and Germany following. The purpose here is to agree with the statement
that "Latin America and Australia could be a threat or an ally in New Zealands trade with the northern hemisphere." Currently, Australia is an ally; Latin America seems to
be neutral. New Zealands Changes The government of New Zealand began implementing economic and government restructuring in 1984, for the specific purpose of
realigning New Zealands systems to be more compatible with the worlds leading economies. The governments goal was to transform "New Zealand from an agrarian economy dependent on concessionary British
market access to a more industrialized, free market economy that can compete globally" (New Zealand, 2002), and it accomplished its goals in sweeping and meaningful ways.
When comparing New Zealands trade policies with those of leading world economies, New Zealands government found that the most successful were those with fewest real restrictions on
international trade. Of course some of the worlds leading economies retain anachronistic trade protections in specific industries - such as the United States continued high tariffs on Japanese steel
- but where individual industries are not large enough to make trade worthwhile despite obstacles, freer trade systems are more successful. Nearly twenty
years after instituting the first reforms, New Zealands economy has experienced dynamic growth that has increased real income for most of its citizens. Per capita income is much higher
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