New Zealand's Preferential Trading Arrangements: Implications for the New Zealand Dairy Industry

This paper discusses the economic implications of the preferential trade agreements that New Zealand is currently negotiating, using a computable general equilibrium modelling framework. The New Zealand dairy industry is a particular focus in the results, which come from the GTAP model produced by Purdue University. Results are discussed from the independent simulations of preferential trade agreements between New Zealand and Korea, New Zealand and India, New Zealand and Russia, Belarus and Kazakhstan, New Zealand and the Gulf Cooperation Council, and expansion of the Trans-Pacific Partnership to include Australia, Peru, Viet Nam, Malaysia, and the United States of America.