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Well, we don't think for a moment that either the U.S. or Australia are out to damage the New Zealand economy, but if there were a sustained period in which they had a free-trade agreement and New Zealand didn't have that same arrangement with the States, that could be both trade- and investment-distorting. ↗
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Experience alone can give a final answer. The knowledge gained in a few years by a commission of the kind suggested would be worth more than volumes of mere assertions and contradictions. ↗
