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Kōrero: Balance of payments

Car advertisement, 1966

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Car advertisement, 1966

In addition to controls on imports, New Zealand governments imposed restrictions on issuing foreign exchange. So, as this advertisement explains, potential purchasers of cars had an advantage if they possessed foreign exchange and could avoid the waiting lists.

Te whakamahi i tēnei tūemi

Tim Chadwick

Reference: Tim Chadwick, Holden: a kiwi passion. Auckland: HarperSports, 2008, p. 30

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Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Me pēnei te tohu i te whārang

C. John McDermott rāua ko Rishab Sethi, Balance of payments – Correcting current account deficits, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/mi/ephemera/23968/car-advertisement-1966 (accessed 25 June 2026).

He kōrero nā C. John McDermott rāua ko Rishab Sethi, i tāngia i te 12 April 2010.