Onshore service

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In New Zealand economics, onshore and offshore services are respectively services provided within New Zealand to foreigners and services provided outside New Zealand to New Zealanders.

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 in Auckland, the provision of golfing facilities 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, if 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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