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How would a fall (depreciation) in the New Zealand dollar affect the New Zealand economy? If the New Zealand dollar were to fall further, should

How would a fall (depreciation) in the New Zealand dollar affect the New Zealand economy? If the New Zealand dollar were to fall further, should the Government and the Reserve Bank do anything about it?Justify your answer.

What are the benefits of New Zealand being an active participant in resolvingInternational economic issues and promoting the global trading system?

Use trade theories to outline the gains from trade when a country inAutarky opens itself up to trade.

What problems might result from allowing 100% free trade?

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