Effect of International Trade towards Malaysia Economy
1.0 INTRODUCTION
1.1 Background of the Study
International trade can be referred as the exchange of goods, and services across international borders or territories. There are several ideas that underlie the benefits of international trade which is where a buyer nation and a seller nation engage in the voluntary transaction of importing and exporting domestic products. The main objective of this study is to capture the perception level of UiTM Kedah Bachelor of Business Admin students with regards to the impact of international trade on the Malaysian economy.
This study seeks to examine the effect on the Malaysian economy by international trade. The study also includes the factors that contribute to the import and export by international trade. Other than that, international trade also can contribute to the economic growth of the nation.
1.2 Statement of the Problem
In recent years Malaysia has faced a number of problems with regards to international trade. Like all countries that engage in export and import Malaysia seeks to find a balance between the two. However the limited resources that are grounded in what is produced from the land and problems concerning labor and capital investment from entrepreneurs have had a negative impact on this balance. This paper seeks to discover if UiTM students of Business Admin are aware of these problems.
1.3 Purposes of the Study
The purpose of the study is basically to identify the understanding of UiTM students of the importance or major of international trade towards nation building and especially its contribution of such trade deficits on Malaysia’s economy. Apart from that, this study is conducted to recognize the contributing factors of buying and selling goods and services across national borders. The consequences of trade abroad on the society are another purpose for the study of this international trade impact on Malaysia’s economy.
1.4 Objectives of the Study
The objectives of the study are listed as below:
1.1 Background of the Study
International trade can be referred as the exchange of goods, and services across international borders or territories. There are several ideas that underlie the benefits of international trade which is where a buyer nation and a seller nation engage in the voluntary transaction of importing and exporting domestic products. The main objective of this study is to capture the perception level of UiTM Kedah Bachelor of Business Admin students with regards to the impact of international trade on the Malaysian economy.
This study seeks to examine the effect on the Malaysian economy by international trade. The study also includes the factors that contribute to the import and export by international trade. Other than that, international trade also can contribute to the economic growth of the nation.
1.2 Statement of the Problem
In recent years Malaysia has faced a number of problems with regards to international trade. Like all countries that engage in export and import Malaysia seeks to find a balance between the two. However the limited resources that are grounded in what is produced from the land and problems concerning labor and capital investment from entrepreneurs have had a negative impact on this balance. This paper seeks to discover if UiTM students of Business Admin are aware of these problems.
1.3 Purposes of the Study
The purpose of the study is basically to identify the understanding of UiTM students of the importance or major of international trade towards nation building and especially its contribution of such trade deficits on Malaysia’s economy. Apart from that, this study is conducted to recognize the contributing factors of buying and selling goods and services across national borders. The consequences of trade abroad on the society are another purpose for the study of this international trade impact on Malaysia’s economy.
1.4 Objectives of the Study
The objectives of the study are listed as below: