80.2% free. new zealand is one of asia's richest democracies. following two decades of sound economic policies and structural reforms, it has transformed itself into a modern, flexible economy with one of the lowest unemployment rates of any member of the organisation for economic co-operation and development. its export market is dominated by agricultural commodities. new zealand relies heavily on international trade, and its openness has helped to boost exports of goods and services. securing bilateral and regional free trade agreements is one of the government's major foreign policy goals, along with diversification of the economy into industrial goods. |
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