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General Information » Economy » New Zealand Overview

New Zealand is currently in rude economic health – almost too rude, according to some. The New Zealand Dollar is strong against other major international currencies, which some economists fear may be its undoing if local goods become too expensive for foreign markets to purchase. This is because New Zealand is, in general, a small, but prosperous free-market economy that relies heavily on trade with overseas economies, namely Australia, the US and Japan. Annual GDP was $160 billion in 2006.





This excerpt was taken from

New Zealand Explorer
Series: Complete Residents Guides