New Zealand is often known for two things: sheep and its incredibly beautiful landscapes. Film producer Peter Jackson took advantage of New Zealand's natural beauty and used the land to film two hugely successful film trilogies, The Hobbit and The Lord of the Rings. Indeed, tourism is a very large and profitable market in New Zealand. However, there is much more to New Zealand than meets the eye. For example, New Zealand is one of the top five exporters of dairy products in the world. The lands are not only beautiful, but also very fertile. Combined with a pleasant climate for agriculture, New Zealand is able to capitalize on profits from a booming agricultural economy through pastoral, forestry and horticultural activities. In fact, around half of all goods exported from New Zealand are agricultural products from New Zealand. Efficiency in agriculture is also combined with a sizable manufacturing and service sector, as well as significant growth in high-tech capabilities. According to the New Zealand Now webpage titled “Economic Overview,” what is driving this economic growth and success is openness to trade as well as well-defined regulations regarding economic activity. The Commerce Act of 1986 and New Zealand's involvement with APEC (Asia-Pacific Economic Cooperation) are some examples of how New Zealand's island economy can provide citizens both domestically and internationally with an assortment of goods and services . Zealand is incredibly well developed with many goods and services available. New Zealand citizens enjoy many benefits from the success of their economy with a relatively high standard of living. The economy is primarily privately owned and 1986 in particular proved to be a turning point for the New Zealand economy. By establishing specific guidelines for trade and deregulating various sectors of the economy, New Zealand has successfully integrated itself into the global trade network. The New Zealand government has since adopted additional policies, such as the Consumer Guarantees Act 1993 and the Fair Trade Act 1986, to further improve the country's economic performance. APEC has also proven valuable to New Zealand, as through that organization the country has been able to develop strong trade relationships with countries around the world. Despite financial crises around the world, New Zealand's government and economy have proven capable of adapting to the globalization that is occurring due to increased technological innovation and will no doubt continue to do so in the future.