1 / 7

New Zealand Trade Partners

New Zealand Trade Partners. History. As NZ was settled, the idea was that NZ was a farm, used to provide wool for England's thriving textile industries. This caused two major implications to NZ’s trade. Implication #1. From its earliest times NZ was an exporter of primary products.

orien
Download Presentation

New Zealand Trade Partners

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. New Zealand Trade Partners

  2. History • As NZ was settled, the idea was that NZ was a farm, used to provide wool for England's thriving textile industries. • This caused two major implications to NZ’s trade

  3. Implication #1 • From its earliest times NZ was an exporter of primary products. • First provided wool and as technology advanced frozen meat and dairy products were exported to the ‘mother country’.

  4. Implication #2 • Since NZ was a British colony, it was only natural that the major buyer of our products should be Britain itself.

  5. Dependence??? • Dependence on narrow range of primary products • Dependence on the UK as our principal export market

  6. NZ’s Problems • Primary products suffer sharp fluctuations in the price on international markets. Therefore incomes received by these products fluctuate as well. • We traditionally exported primary products in a relatively unprocessed form. The prices received for these unprocessed products are significantly less than that received for processed products. Only since 1970s has this begun to change

  7. Import and Export Stats • Get into pairs • Focusing only on Imports • Analyse the data sheets and come up with • Three Trends in the data • Three conclusions about the data. Come back and share with the class.

More Related