New Zealand's Economy: Checkpoint 1

Quick checkpoint - five questions on New Zealand's economy, dairy, Rogernomics, inflation targeting and exports.

Quick checkpoint - five questions on New Zealand’s economy, dairy, Rogernomics, inflation targeting and exports.

Question 1 of 5 What is New Zealand's largest dairy company?

Fonterra Amul Nestle Zespri

It's farmer-owned, formed in 2001.

Question 2 of 5 What did Rogernomics remove?

Farm subsidies All taxes Exports Tourism

Farmers adapted and became more efficient.

Question 3 of 5 Which country first adopted formal inflation targeting?

New Zealand USA India Japan

Through the Reserve Bank Act of 1989.

Question 4 of 5 What happened when Britain joined the EEC in 1973?

New Zealand lost preferential access New Zealand joined too Lamb exports soared Nothing

New Zealand found new markets.

Question 5 of 5 What was kiwifruit originally called?

Chinese gooseberry Green apple Hairy plum Zespri berry

It was renamed in 1959.

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