New Zealand is often known for two things: sheep and its incredibly beautiful landscapes. Film producer Peter Jackson capitalized on New Zealand's natural beauty and used the land to film two successful film trilogies, The Hobbit and The Lord of the Rings. In fact, tourism is a very large and profitable market in New Zealand. However, there is much more to New Zealand than meets the eye. For example, New Zealand is one of the top five dairy exporters in the world. The lands are not only beautiful, but also very fertile. Combined with a favorable climate for agriculture, New Zealand is able to capitalize on the benefits of a booming agricultural economy through pastoral, forestry and horticultural activities. In fact, around half of all goods exported out of New Zealand are New Zealand agricultural products. Agricultural efficiency is also accompanied by a large manufacturing and services sector as well as significant growth in high-tech capabilities. According to New Zealand Now's Economic Snapshot webpage, the driving force behind this economic growth and success is openness to trade and well-defined regulations around economic activity. The Commerce Act of 1986 as well as New Zealand's involvement in APEC (Asia-Pacific Economic Cooperation) are some examples of how New Zealand's island economy can provide citizens, both both nationally and internationally, an assortment of goods and services. Zeeland is incredibly well developed and offers many goods and services. New Zealand citizens enjoy many benefits from their successful economy with a relatively high standard of living. The economy is mainly private and the national paper environment......1986 in particular proved to be a turning point for the New Zealand economy. By establishing specific guidelines for trade and deregulating various sectors of the economy, New Zealand has successfully integrated itself into the global trading network. Since then, the New Zealand government has adopted more policies such as the Consumer Guarantees Act 1993 and the Fair Trading Act 1986 to further improve the country's economic performance. APEC has also proven to be invaluable to New Zealand, as through this organization the country has been able to develop strong trading relationships with countries around the world. Despite global financial crises, the New Zealand government and economy have proven their ability to adapt to globalization driven by the rise of technological innovation and will no doubt continue to do so in the future..