Economics
Terms
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- Sunset Industry
- A declining industry where resources will be shifted away into other industries where returns are greater
- Motor Vehicles, Oil, Electronics, Clothing
- Top Imports (by dollar value)
- Onshore Services eg. tourism, education to foreign students
- A service provided by the exporting country to foreign buyers
- Sunrise Industry
- A growth industry where prospects and profits are likely to be improving
- Trade Weighted Index (TWI)
- A measure of the value of the NZD in terms of a weighted average of the currencies or our major trading partners
- Foreign investment in New Zealand minus New Zealand investment abroad
- Financial Account
- Dairy Products, Meat, Forestry, Machinery and Equipment
- Top Exports (by dollar value)
- Exchange Rate
- Price at which one currency exchanges for another
- Balance on goods, services, income, current transfers
- Current Account
- Offshore Services eg. international air travel, insurance
- A service provided by the exporting country to users overseas