Impact of the European Economic Community (EEC)

David Hall ()

Chapter Chapter 11 in Agricultural Economics and Food Policy in New Zealand, 2021, pp 157-167 from Palgrave Macmillan

Abstract: Abstract Possible UK European Economic Community (EEC) membership was potentially catastrophic for New Zealand. But New Zealand worked to protect its vital interests rather than opposing UK membership. That approach was successful despite New Zealand’s import restrictions on British goods. Federated Farmers’ discussions with the EEC encouraged hopes of more outward EEC agricultural policies. New Zealand had to choose between shipping produce to the EEC and new markets, it fell 15% short of filling its EEC quota. The weakening trade relationship with the UK encouraged New Zealand to build trade partnerships in the Pacific and Asia recognising it would have to give up narrow, inward-looking, protectionist policies. Federated Farmers told the Pacific Basin Economic Council that trade expansion needed removal of market distortions.

Keywords: Influence of European integration; Building trade with Asian/Pacific countries (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psachp:978-3-030-86300-5_11

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DOI: 10.1007/978-3-030-86300-5_11

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