COMPETITIVE CURRENCY DEPRECIATION BETWEEN DENMARK AND NEW ZEALAND.

The article focuses on competitive currency depreciation between Denmark and New Zealand as it relates to the export of butter to England. Statistics related to the butter exports of Denmark and New Zealand are presented, as well as comments regarding the rivalry between the two countries surrounding their principle export. A theoretical analysis of currency depreciation is discussed, including the effects of exchange rates, tariffs enactments and import quotas on international trade. Details related to the pricing trends of butter in London, England are also discussed.