University | University Of Canterbury (UC) |
Subject | Forestry Science |
- Adjust these data for inflation using the US producer price index supplied. Graph the trends in real import value for all products and calculate the percentage change in the level of the real value of imports between 1961 and to most recent data available (14 calculations). Discuss the implications of the trends for the New Zealand forestry sector.
- Calculate and graph the proportion of world trade by product group that is accounted for by Asia for each year and discusses the implications of the trend for the New Zealand forestry sector.
- Find additional information from other sources to explain the trends that you have observed. Make sure you distinguish between short-term trends, which might be the last 2-3 years, and long-term trends, which might be trends since 1961 or the past 20 years. Please ensure you comment on both.
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