Which statement about new zealand’s economy is not true? a. the economy is largely based on agriculture. b. the economy in cities depends on manufacturing. c. the economy is largely based on tourism. d. the economy depends partially on livestock. (gradpoint)

D. The economy depends partially on livestock.

Explanation:

During the last twenty years, the government has transformed New Zealand from an agrarian economy and dependent on the British market into a more industrialized market economy, which can compete globally. New Zealand falls within the developed countries, with an estimated GDP of US $ 119.6 billion in 2010. The country has a high standard of living, with an estimated GDP per capita of 28,000 USD. It has also been classified, in 2006, in the twentieth position in the Human Development Index prepared by the United Nations Organization.

The tertiary sector is the largest in the economy (67.6% GDP), followed by secondary (27.8% GDP) and primary (4.7% GDP).

New Zealand is a country very dependent on international trade, particularly agricultural products, exports account for almost 28% of its sales. This makes New Zealand particularly vulnerable to price swings and the international economy. Its main export products come from agriculture, horticulture, fisheries and forests. These products cover half of the country's exports. Their main destination in 2005 were Australia (21.4%), the United States (14.1%), Japan (10.6%), China (5.1%) and the United Kingdom (4.7%).

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