AFTA: EFFECT ON MALAYSIAN ECONOMY
Download| Volume 4 Issue 2 2008 | |
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| Author(s): |
Khurram Ghani
Yuserrie Zainuddin
Hassan Gholipour Fereidouni
Ali Ziaee
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| Abstract | The Global Economy has changed in very significant ways during the past several decades and these changes are deeply rooted in the cross boarder trade among countries. These transformations lead countries to the formation of new Regional Blocs. Countries belonging to particular regional bloc promotes free flow of capital, cheap labor and other products, in order to strengthen there economy by signing Free Trade Agreements (FTAs). The main purpose of signing FTA is to increase there cross boarder trade by lowering taxes on there exports and imports so that consumers can get products at the cheaper price. But every coin has a flipped side; signing FTA does not guarantee that the signatories will get benefit of it; the intentions of governments might be different. The main purpose of this paper is to provide an overview of the effect of Asean Free Trade Agreement (AFTA) on Malaysian Economy. |
| Keywords | AFTA, Cross boarder trade, FTA, Global Economy and Regional Bloc. |
| Year | 2008 |
| Volume | 4 |
| Issue | 2 |
| Type | Research paper, manuscript, article |
| Recognized by | Higher Education Commission of Pakistan, HEC | Category | "Y" | Journal Name | IBT Journal of Business Studies | Publisher Name | ILMA University | Jel Classification | - | DOI | https://doi.org/10.46745/ILMA.jbs.2008.42.06 | ISSN no (E, Electronic) | 2409-6520 | ISSN no (P, Print) | 2416-8393 | Country | Pakistan | City | Karachi | Institution Type | University | Journal Type | Open Access | Manuscript Processing | Blind Peer Reviewed | Format | Paper Link | http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/4.2/6.%20AFTA-Effect%20on%20Malaysian%20Economy.pdf |