New Zealand Economy Rebounds, Expanding 14% in 3Q

The video discusses New Zealand's economic recovery following the lifting of social distancing restrictions, highlighting better-than-expected economic performance and a revised contraction rate. Despite exiting a technical recession, challenges remain due to closed borders affecting tourism and education. The video also outlines New Zealand's vaccine rollout plans, including securing doses for Pacific Island neighbors, aiming to gradually reopen borders.

What was one of the reasons for New Zealand's better-than-expected economic performance?

• Higher exports to neighboring countries

• Pent-up demand and lifted restrictions

• Increased international tourism

• Government subsidies for all businesses

What is one of the ongoing challenges for New Zealand despite the economic rebound?

• Rising unemployment rates

• Decreased agricultural output

• Closed borders affecting tourism

• High inflation rates

When is New Zealand planning to begin its vaccine rollout?

• Fourth quarter of next year

• Second quarter of next year

• First quarter of next year

• Third quarter of next year

Why has New Zealand ordered 15 million vaccine doses for a population of 5 million?

• To sell excess doses to other countries

• To stockpile for future pandemics

• To vaccinate multiple times

• To support Pacific Island neighbors

What is the expected impact of the vaccine rollout on New Zealand's borders?

• Immediate reopening of all borders

• Gradual reopening of borders

• Reopening only for essential travel

• Permanent closure of borders