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Afta: Effect On Malaysian Economy

Author

Listed:
  • Khurram Ghani
  • Yuserrie Zainuddin
  • Hassan Gholipour Fereidouni

    (School of Management, Universiti Sains Malaysia)

  • Ali Ziaee

    (Institute of Business and Technology (BIZTEK))

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.

Suggested Citation

  • Khurram Ghani & Yuserrie Zainuddin & Hassan Gholipour Fereidouni & Ali Ziaee, 2008. "Afta: Effect On Malaysian Economy," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 4(2), pages 134-141.
    • Handle: RePEc:aib:ibtjbs:v:4:y:2008:i:2:p:134-141
    DOI: https://doi.org/10.46745/ilma.ibtjbs.2008.42.6
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    Cited by:

    1. Md. Salleh, Mohd Fairuz & Yusoff, Wan Sallha & Basnan, Norida & Tengku Yaacob, Tengku Suriani, 2018. "Knowledge Assets and Bilateral-Trade Flows in ASEAN-5 Countries: An Extension of Gravity Panel Data Model," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 52(2), pages 19-26.

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