Section A Exploring the World Text AA Brief Introduction to New Zealand Economy As New Zealand is isolated geographically,its economy largely depends on international trade,especially the export of meat,fruit,vegetables,dairy and forestry products.The country has substantial hydroelectric power and sizable reserves of natural gas.Leading manufacturing sectors are food processing metal fabrication, and wood and paper products.Tourism also plays a significant role in New Zealand's economy.However,New Zealand is rapidly gaining a reputation for excellence and innovation in areas ranging from film(The Lord of the Rings)and design to biotechnology and IT.Over the past 20 years the government has transformed New Zealand into a more industrialized,free market economy that can compete globally.The economy fell into recession in 2008.In line with global peers,the central bank has cut interest rates aggressively;the new government is responding with plans to raise productivity growth and development. 大连理工大学出版社 大连理工大学出版社 Section A Exploring the World Text A A Brief Introduction to New Zealand Economy As New Zealand is isolated geographically, its economy largely depends on international trade, especially the export of meat, fruit, vegetables, dairy and forestry products. The country has substantial hydroelectric power and sizable reserves of natural gas. Leading manufacturing sectors are food processing, metal fabrication, and wood and paper products. Tourism also plays a significant role in New Zealand’s economy. However, New Zealand is rapidly gaining a reputation for excellence and innovation in areas ranging from film (The Lord of the Rings) and design to biotechnology and IT. Over the past 20 years the government has transformed New Zealand into a more industrialized, free market economy that can compete globally. The economy fell into recession in 2008. In line with global peers, the central bank has cut interest rates aggressively; the new government is respondingwith plansto raise productivity growth and development