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Economy Of New Zealand
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The United States and New Zealand established close ties in 1942, when the U.S. provided security for New Zealand during World War II, and have remained close ever since. However, in 1984, the Labour party came into power in New Zealand, with intentions to bar nuclear-armed and nuclear-powered warships from New Zealand ports. Implementation of t ....
Middle of paper ....ffort to reduce the government budget deficit and inflation that resulted largely from an attempt in the 1970s to diversify New Zealand’s production. This new plan was executed through seven major alterations:
1) The increase of privatizations through the sale of government-owned enterprises.
2) Elimination of Government subsidies.
3) Liberaliza.... |
Word count: 899 |
Page count: 4 |
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