O'Connor On N.Z.'s Economic Recovery Strategy

The video discusses global trade projections and challenges, focusing on the impact of geopolitical issues like the Ukraine conflict on supply chains and inflation. It examines New Zealand's role in imposing sanctions on Russia and the effects on its economy, particularly in the dairy sector. The video also explores New Zealand's trade relations with countries like Singapore and its involvement in multilateral agreements such as CP TPP. Finally, it addresses future trade agreements with the EU, UK, and potential partnerships with India.

What global issues are contributing to economic challenges according to the transcript?

• Geopolitical conflicts and inflation

• Cultural differences

• Technological advancements

• Environmental changes

How has New Zealand responded to the conflict in Ukraine?

• By imposing tariffs on Russian goods

• By increasing imports from Russia

• By forming a new alliance with China

• By reducing trade with the EU

What is New Zealand's stance on energy reliance from Russia?

• New Zealand is building new energy partnerships with Russia

• New Zealand heavily relies on Russian energy

• New Zealand has no reliance on Russian energy

• New Zealand plans to increase energy imports from Russia

How does New Zealand's dairy industry benefit from global commodity price increases?

• By reducing dairy production

• By exporting more dairy to Russia

• By having a self-reliant production system

• By relying on imported feed

What role does Singapore play in New Zealand's trade strategy?

• A gateway to Asian markets

• A competitor in the dairy market

• A source of energy imports

• A rival in digital trade

What is the significance of the CPTPP for New Zealand?

• It is a bilateral agreement with the US

• It excludes Asian countries

• It is a multilateral agreement with high standards

• It focuses solely on agricultural trade

What challenges does New Zealand face in forming a trade agreement with India?

• Cultural differences between the countries

• India's withdrawal from previous negotiations

• High tariffs imposed by New Zealand

• Lack of interest from New Zealand