This paper sets out to describe the dynamic nature of the trans-Tasman trade and economic relationship and to develop an approach to quantify the costs and benefits of moving from CER to a wider concept of a 'borderless market'. To examine the dynamic nature of the relationship we have looked at...

In a small open economy heavily dependent on trade, such as New Zealand, small changes in New Zealand’s international trading environment have major impacts on economic well-being. The simple fact is that small countries are far more vulnerable to economic change than large countries. To...