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INPUTS TRADE AND EXPORT POTENTIAL (CHAPTER 11) - Coggle Diagram
INPUTS TRADE AND EXPORT POTENTIAL (CHAPTER 11)
IMPORTANCE
services generate revenue
The export of product and services generates income for manufacturer and improve socio economic life of farmers
creates emplotment
Malaysia openness to trade and investment related export growth into higher labor earning and jobs
bring new technology from other countries
Transfer of technologies from the develop nation the importation of capital goods will be improve the production of commodities in Malaysia
AGRICULTURAL TRADE
palm oil, rubber and agro-food product such as pineapple are Malaysia's agricultural trade that increase in global demand
Export potential in Malaysia
The potential value at which a country can export its products to a certain target market given its current supply capacities, and the target market's demand and market access conditions
Important
Access to more consumers and business
Diversifying market opportunities
Expanding the lifecycle of mature product
Important factor
Selling points
After sales service
Product distinctivences
Modifications
Product licensing