- Onshore Service
Onshore and Offshore Services
In
New Zealand Economics, Onshore and Offshore Economics are a way of distinguishing; services provided by New Zealand firms for foreigners "inside" of New Zealand, or foreign firms providing services for New Zealanders / New Zealand firms providing services to overseas buyers, "outside" of New Zealand, respectively.----
Onshore Services
The best example of an onshore service is "
tourism ". For example, if an American resident were to travel to New Zealand, and play golf with his friends inAuckland ; this would be classified as an Onshore service as the Auckland (New Zealand) golf club is providing the American tourist with a service.Offshore Services
New Zealand is heavily reliant on overseas providers for insurance services and for transport for goods via sea. For instance, a New Zealand tourist flies
Virgin Airlines , from Ireland to London. This tourist has used a service, not provided by his own country, to travel from one place to another.References
Economics Issues for New Zealand NCEA Level 2, Robin Sutton.
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