N.Z's Trade Outlook Amid Global Volatility

The video discusses the economic impacts of global events, focusing on trade relations and protectionism. It highlights the limited exposure to Russia, the importance of trade in overcoming protectionism, and the challenges posed by inflation and raw material restrictions. The video also covers trade agreements with the UK and EU, and the strong trade relationship with China, while exploring opportunities in the UAE.

What is the main export product that was stopped to Russia?

• Yogurt

• Milk

• Butter

• Cheese

What historical policy is mentioned as a risk due to the war and COVID-19?

• Splendid Isolation

• Open Trade

• Global Cooperation

• Economic Expansion

What is a potential consequence of restricting commodities from Russia?

• Stability in global markets

• Increase in inflation

• Decrease in dairy prices

• Reduction in technology costs

What percentage of tariffs will be removed in the new UK free trade agreement?

• 75%

• 50%

• 95%

• 100%

Which country is mentioned as having a strong trade relationship with no slowdown?

• United States

• Russia

• China

• United Kingdom

What is the focus of building stronger relationships in the Gulf region?

• Education and research

• Food security and technology

• Military alliances

• Tourism and culture

What is the population size mentioned for the nation discussed?

• 40 million

• 5.5 million

• 20 million

• 10 million