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06-16-2007, 10:29 AM
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#1 (permalink)
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Reeve
Join Date: May 2007
Location: Malaysia
Posts: 96
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FTA....Can someone tell me what its all about???
FTA....Can someone tell me what its all about???Every time i read the newspaper and theres a story about FTA they always reject it,why???
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06-16-2007, 10:31 AM
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#2 (permalink)
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Viceroy
Join Date: Dec 2006
Location: Wales
Posts: 3,083
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That's an acronym that stands for all sorts of things. Do you mean Free Trade Area?
__________________
... I am surprised at your insolence in writing to me at all. You know, as I know, that I bought this constituency... may God's curse light upon you and may it make your women as open and as free to the excise officers as your wives and daughters have always been to me while I have represented your scoundrel corporation.
I have the honour to be... your obliged humble servant, Anthony Henley
- MPs reply to constituent, mid 1700s
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06-16-2007, 10:37 AM
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#3 (permalink)
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Reeve
Join Date: May 2007
Location: Malaysia
Posts: 96
Country:
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Quote:
Originally Posted by Brother Oz
That's an acronym that stands for all sorts of things. Do you mean Free Trade Area?
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Yep.
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06-16-2007, 11:17 AM
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#4 (permalink)
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Viceroy
Join Date: Dec 2006
Location: Wales
Posts: 3,083
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Well, since you live in Malaysia, I assume they are talking about a south-east Asian free trade area, cutting all currency controls, tariffs, quotas and maybe subsidies between those countries participating. In 1997, the only reason Malaysia was hit by the Asian financial crisis much less than others was because of its imposition of very protectionist currency controls, so that's why your newspapers are probably against it, I would think.
__________________
... I am surprised at your insolence in writing to me at all. You know, as I know, that I bought this constituency... may God's curse light upon you and may it make your women as open and as free to the excise officers as your wives and daughters have always been to me while I have represented your scoundrel corporation.
I have the honour to be... your obliged humble servant, Anthony Henley
- MPs reply to constituent, mid 1700s
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06-17-2007, 03:34 AM
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#5 (permalink)
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Reeve
Join Date: May 2007
Location: Malaysia
Posts: 96
Country:
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Quote:
Originally Posted by Brother Oz
Well, since you live in Malaysia, I assume they are talking about a south-east Asian free trade area, cutting all currency controls, tariffs, quotas and maybe subsidies between those countries participating. In 1997, the only reason Malaysia was hit by the Asian financial crisis much less than others was because of its imposition of very protectionist currency controls, so that's why your newspapers are probably against it, I would think.
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How about the Free Trade Agreement???Many rely hate Malaysia to sign free trade agreement with the U.S.They say America will control Malaysia economy.
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06-17-2007, 04:11 PM
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#6 (permalink)
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Viceroy
Join Date: Dec 2006
Location: Wales
Posts: 3,083
Country:
Country:
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Oh, I see. Well, they are probably worried that Americans will buy Malaysian companies, and Malaysian producers will have to compete with cheaper American goods, especially foodstuffs.
__________________
... I am surprised at your insolence in writing to me at all. You know, as I know, that I bought this constituency... may God's curse light upon you and may it make your women as open and as free to the excise officers as your wives and daughters have always been to me while I have represented your scoundrel corporation.
I have the honour to be... your obliged humble servant, Anthony Henley
- MPs reply to constituent, mid 1700s
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06-18-2007, 02:42 AM
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#7 (permalink)
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Reeve
Join Date: May 2007
Location: Malaysia
Posts: 96
Country:
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If that so.....I rather die then watch such thing happend to my country.
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06-24-2007, 09:10 AM
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#8 (permalink)
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Reeve
Join Date: Dec 2006
Posts: 79
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On the upswing, once the agreement is signed, any US companies left behind here in manufacturing will be transferred there...however, it is a bad thing for both countries...it creates monopolies where free enterprise once existed, IMHO.
__________________
“It's not the size of the dog in the fight, it's the size of the fight in the dog.”
Mark Twain quote
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06-24-2007, 01:38 PM
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#9 (permalink)
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Viceroy
Join Date: Dec 2006
Location: Wales
Posts: 3,083
Country:
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Quote:
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it creates monopolies where free enterprise once existed
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How so? Surely allowing American companies to operate in Malaysia and vica versa, there would be more competition.
__________________
... I am surprised at your insolence in writing to me at all. You know, as I know, that I bought this constituency... may God's curse light upon you and may it make your women as open and as free to the excise officers as your wives and daughters have always been to me while I have represented your scoundrel corporation.
I have the honour to be... your obliged humble servant, Anthony Henley
- MPs reply to constituent, mid 1700s
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06-24-2007, 10:51 PM
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#10 (permalink)
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Reeve
Join Date: May 2007
Location: Malaysia
Posts: 96
Country:
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Quote:
Originally Posted by Brother Oz
How so? Surely allowing American companies to operate in Malaysia and vica versa, there would be more competition.
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And all know that the estern componies will lose.
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