Understanding The Opportunity And Challenges For Malaysia In Terms Of Trade Between Malaysia And New Zealand

SUBMISSION OF

ASSIGNMENT

(INDIVIDUAL)

MARKS

Full Name: Md. Thamid Hossain

Matric No.: PBS19301214 Submission Date: 20/2/2021

Corse Code: ITB7204 (INTERNATIONAL TRADE)

Lecturer: Prof. Dr. Ida Md Yasin

Assignment: Individual Assignment 1

I hereby declare that the assignment is based on my work except for quotations and citations that

have been duly acknowledged. I also declare that this assignment has not been previously or

concurrently submitted for credit, either at Putra Business School or elsewhere. I understand that if

I am found guilty of plagiarizing or cheating in this assignment, I will fail this course.

Signature: Md. Thamid Name: Md. Thamid Hossain

Date: 20/2/2021

Accepted by:

Signature:

Name: Date:

Remarks:

PART A: TO BE COMPLETED BY

STUDENT

PART B:

DECLARATION

PART C: FOR OFFICE/LECTURER

USE

Table of Contents

• Introduction

• History of Trade Relationship and Agreements

• Economic Condition

• Trade Performance between Malaysia and New Zealand

• Opportunity and Challenges

• Recommendations

• Conclusion

• References

Introduction

International trade is alluded to as the trade or exchange of merchandise and administrations

between diverse countries. This kind of exchange contributes to and increments the world

economy. The foremost commonly exchanged commodities are tv sets, dress, apparatus, capital

merchandise, nourishment, and crude fabric, etc. The worldwide exchange has expanded

outstandingly that incorporates administrations such as remote transportation, travel, and tourism,

managing an account, warehousing, communication, publicizing, and dissemination and

promoting. Other similarly vital advancements are the increment in remote speculations and the

generation of outside products and administrations in a universal nation. These outside

speculations and generation will offer assistance companies to come closer to their worldwide

clients and so serve them with merchandise and administrations at an awfully moo rate. All the

exercises specified are a portion of worldwide commerce. It can be concluded by saying that

worldwide exchange and generation are two perspectives of worldwide commerce, developing day

by day over the globe. Other trades incorporate organizations, such as travel organizations and

installments for exterior licenses. Around the world trade trades are energized by around the world

money-related installments, in which the private overseeing an account system and the central

banks of the trading nations play basic parts. Worldwide exchange and the going with money

related trades are for the foremost portion conducted for the reason of giving a nation with

commodities it needs in exchange for those that it produces in riches; such trades, working with

other monetary courses of action, tend to advance a nation’s standard of living. In the circumstance

of analyzing the trade performance, the given country is New Zealand. As a trade subordinate