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With reference to the economy of New Zealand, consider the following statements: 
1. Butter, wool and frozen meat are the most important exports of New Zealand.
2. New Zealand has cool moist climate and vast grasslands to support livestock. 
Which of the above statements is/are correct? 
  • a)
    Only 1 
  • b)
    Only 2 
  • c)
    Both 1 and 2 
  • d)
    Neither 1 nor 2 
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
With reference to the economy of New Zealand, consider the following s...
Milk powder, butter, and cheese are New Zealand's largest exports, followed by meat and edible offal. Australia is the largest market for exports, with almost a quarter of total exports and over twice the value of exports as China – New Zealand's second-largest market. 
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With reference to the economy of New Zealand, consider the following statements:1. Butter, wool and frozen meat are the most important exports of New Zealand.2. New Zealand has cool moist climate and vast grasslands to support livestock.Which of the above statements is/are correct?a)Only 1b)Only 2c)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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