Kōrero: Balance of payments

Car advertisement, 1966

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

Private collection, 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

Te tuhi tohutoro mō tēnei whārangi:

C. John McDermott and Rishab Sethi, 'Balance of payments - Correcting current account deficits', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/ephemera/23968/car-advertisement-1966 (accessed 14 May 2024)

He kōrero nā C. John McDermott and Rishab Sethi, i tāngia i te 11 Mar 2010