BY # NASIHAH, NURLIYANA DAN NUR AINUN
Malaysia has engaged in international trade for a long ago. Malaysia's
international trade can help to grow and develop an economic sectors especially
for agriculture, manufacturing and tourism. The medium involving international
trade in Malaysia's exports and imports. Malaysian exports were selling goods
in foreign countries to expand in the markets and to meet consumer demand.
Malaysia imports intends to buy goods from abroad to meet consumer demand in
Malaysia. Exports and imports play an important role for the marketing of goods
and services produced in the country that can generate income in the country.
Malaysia's exports in the whole range of goods and food is in total about
RM553.29 billion. Imports in 2009 of intermediate goods and capital is RM
434.94 billion. There is foreign direct investment (FDI). This medium also
serves as a form of international capital transfers among major developed and
developing countries (Froot, 1993). FDI is an important contributor to economic
growth. Furthermore, a relationship involving Malaysia and other countries, are relationship through the TPPA. TPPA is an
agreement to promote trade among member countries through the reduction or
elimination of tariffs and non-tariff barriers. Malaysia's interested in
joining the TPPA is to develop a local industries and increasing employment
opportunities in the country. Moreover, AFTA is also an independent agreement,
which was attended by Malaysia in establishing relationships with foreign
countries. ASEAN countries that have been involved are from 6 countries, namely
Brunei, Malaysia, Indonesia, Thailand, the Philippines and Singapore. The
purpose of its establishment is to make ASEAN as a producer in the global
market through the elimination or reduction of tariff barriers and non-tariff
barriers. In all countries will have a wide range of international trade
barriers to protect the goods and services of their respective countries. It
involves non-tariff and tariff barriers. Malaysia also doing trade barriers and
non-tariff rates. Finally, it can be concluded that international trade helped
in the growth of the Malaysian economy. The agencies responsible for monitoring
global developments should be undertaken regularly to ensure Malaysia continues
to increase trade and to compete on the international market.
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