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Advantages And Benefits Of TPPA In Malaysia

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TPP provides many benefits and advantages to our country, Malaysia. This is so because TPPA help in terms of economic progress. In line with the growing progress we should be wise in arranging step so that our country can become a developed country like other countries in the world. For example, Qatar, Luxembourg, Singapore, Brunei and Kuwait who are economically developed.
However, there are a variety of effects or impikasi that occur due to the establishment of the TPPA, led by the United States. TPPA establishment indirectly affects the lives of citizens and also to the development of the country. This has created concern to the people as a result of the establishment of the TPPA can be seen now that the short-term effects.
One of the effects of the TPPA involves an increase in the price of medicines. According to the TPPA agreement, prices of medicines will increase between 60% and 80% from the current price. This agreement will involve the regulation of medicines in generic drugs have changed that are not allowed to be sold in the member countries of the TPPA. A generic drug is cheaper imitations that have the same content and effect of the original drug. Thus, drugs can only be purchased directly from …show more content…

TPPA is expected to abolish import duties on rice from the United States, which is currently charged at 40%. If the tax is abolished, the price of American rice will be cheaper than the price of local rice because of high subsidies given to US government rice producer country, then it causes the price of rice can not be matched by our country in rice prices. When this happens, the rice industry of our country will become weak and farmers would suffer a loss of income sources is high because so far our country uses its own agricultural products to be sold on the Malaysian market. As a result, we will be dependent on the supply of rice from the United States because the United States is a major exporter of

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