Advantages And Disadvantages Of The Association Of Southeast Asian Nations

When Thailand joined in AEC there are advantage and disadvantage. When the AEC opened and joined together that make an opportunity to get a good job after graduated because the immigration and customs are not difficult to entrance more than past including logistics. Thai people can work a job which they choose in the other country comfortably Aat Pisanwanich said “Thailand had yet to arrange for the new challenges that will be presented by the AEC” such as a doctor which the job in AEC that invited and wanted as the doctor of Thailand are superior and to be experienced in all skills. In contrast, the doctor More than 50 per cent of medical practitioners did anticipate some benefits from the AEC. However, they preferred to stay in Thailand rather than other Asean countries because of the Kingdom’s high model of medical services. They also don’t want to have to adjust to new cultures. Many want to go to developed countries in North America or Europe when they upgrade and grow their career paths and the weakness when AEC opened is the foreigners are snatching the job that make Thai people to be an unemployable person. Thailand suggestion financier world-class foundation. Market and trade agreement are made easier through Thailand’s far-reaching highway system, modernize city-wide mass transit, international airports, deep sea ports, and international river ports. As the center of ASEAN, Thailand information for free and fair market. It is influential in the production of the ASEAN Free market Area and a endorser to a number of other free market. Moreover, in the industrials case the labor from the others country are received the minimum wage less than Thai people that a reason why the employer of Thailand is almost to select the labor from Laos, Myanmar, Malaysia, Philippine, Singapore, Indonesia and Vietnam for reducing the expense; the minimum wage for labor cost from the other country only 300 Baht per day for the cost of living and

There is no doubt that increasing in international trade is supporting the economic growth across the world, raising incomes and creating jobs. However, international trade can also some create economic obstacles, such as the international context and the market policy and regulations of each country, and consequently it can be said that the effects would have positive and negative sides, and it is useful to mention all of them and to take them into consideration.

One of the major advantages of trading is that it allows producers to concentrate or specialize their work in the type of goods they produce best. When people decide to specialized in a specific profession an become doctors, farmers, teachers, or any other profession within an economy, they will be able to produce goods and offers different services that can be trade for any goods or services they may need. In this same way countries can become specialized in the production of specify products and/or services and trade those with other countries. However, trading and importing products and services from other countries also has its disadvantages. As a result of the different products imported governments impose certain restrictions and limitations to protect the domestic production and market of every country involve in any kind of trading transactions. Governments have imposed taxes on trading transactions adding them to the cost of importation, and have the purpose of restricting and/or limiting the imports of goods and services into a country. These government

The population of the Asia region of the world contributes a massive amount of exporting goods, and global business as a whole. The sheer number of people consuming goods that must be imported to support the large population force the need for trade with other regions. The demand for resources is high and the need to develop strong trade relations with other countries is vital to the continued growth and success of Asian countries.

First, one of the restrictions to free trade is tariff. According to Menlo-Atherton High School (2015), a tax that is put on imported goods from abroad is known as tariff. Tariff is used to raise the price of imported goods so that the domestic producers can sell their similar goods at higher prices. Domestic government will be the one collecting the money that is received from tariff. Protective tariffs and revenue tariffs are the types of tariff. Protective tariffs are put on imported goods so that it will be more expensive. It is used to protect the domestic industries from the competition of foreign firms. Revenue tariffs are used to raise money for government (Menlo-Atherton High School, 2015). The benefit of tariffs are uneven due to tariff is a tax. Besides that government is benefited, domestic industries are benefit from it as well due to the reduction of competition from foreign productions. It is because of the increased prices of the imported products. However, it is unfortunate for the consumers because the higher price of goods is due to higher import price. Tariff tends to bring advantages for government and producers but not to the

The US has put their presence in Southeast Asia and it has resulted in dire consequences. Southeast Asia has terrorist groups known as Al Qaeda and evil leaders such as Saddam Hussein. America thinks that their presence is needed in Southeast Asia to help deal with relations like this and others to come. But, the US should not have a presence in Southeast Asia. The US should not have a presence in Southeast Asia because, our military has and will cause further damage to the ecosystem, we tend to reason with force and result easily to conflict when dealing with situations like this, and we ask if others what we wouldn't do.

So in this case these four principles are applied in the company operations which prove to be very successful for the company.

Moreover, China has increased its participation, taking the role of active global player in many international organizations. This can definitely enhance communication between the various states, resulting into the reduction of uncertainty in intentions. Eventually, states will trust each other more and make binding commitments that will preserve the world’s peace and stability. Besides that, international organizations can also ease or even prevent international anarchies. For instance, the three (3) major powers of East Asia such as China, Japan and South Korea have been integrated in ASEAN + 3; the East Asia Summit to discuss about bilateral military talks and security issues, involving scholars, analysts and bureaucrats from countries in the region to enhance the co-operation and exchange of information between the countries in East Asia. This can be seen when China’s membership in formal international organizations doubled between the years 1977 to 1997 from 21 to 52. However, China’s participation in global international

Australia 's trade and economic relationship with Thailand has grown significantly since the Thailand-Australia Free Trade Agreement (TAFTA) entry into force on the 1st January 2005. This agreement opens up a wider access to the Thai market for Australian products. It enhances prospects for

The basis of free trade is that in a growing economy the comparative-advantage shows that resources flow from lower productivity to those with higher productivity (Carbaugh, 2009). Along with increased employment in developing countries and higher standard of living, consumers benefit from more diversity on the market and cheaper prices. One of the baggiest challenges government’s faces is the pressure from public and domestic firms to protect the local work force from cheap foreign imports. Governments must find

In the next box we see treaties that reduce trade barriers. Along with those treaties there is trade liberalization due to the MFN and other institutions. The last thing we see in the second box is trade liberalization expansion also due to the MFN. All of this lead to the development of the Multilateral Recognition Arrangements (MLA) the purpose of the MLA, is to promise joint credit of accredited certification amongst parties to the MLA, and then support of qualified certification in several markets created on only one certification. In short it adds to the freedom of world trade by removing technical barriers to free trade.

Improving the value of exports is the primary goal of Thailand’s international trade policy. The Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) was established as an effective cooperative strategy for gaining market advantages through regional market integration. Thailand aims to capitalize on trade agreements by networking and entering partnership with neighboring countries. Currently, Thailand’s cross-border trade in the Greater Mekong Subregion (GMS) plays a crucial role in globalization, because it facilitates rapid and convenient trade and investment. Countries seek new export markets to disperse the risk of domestic market concentration, as evidenced by the economic recessions affecting

ASEAN was officially founded in August 1967 when five founding member states jointly signed the Bangkok declaration. Since then ASEAN experienced number of threats, such as security threat in cold war, economic and financial threat in 1997 East Asia Economic crisis, and now being in the security dilemma between the United States and the People’s Republic of China, prominent major powers attempting to dominate the region, despite all the threat, ASEAN set its goal to become a community in December 2015 which has lot of potential to contribute to the world stage but it also has countless number of challenges, mainly caused by its diversities, nationalism and lack of

The organization have a great vision which is striving to ceaselessly reinforce its position as a

Regional integration in South Asian country was the main objective for the creation of South Asia Association for Regional Cooperation (SAARC). To cope up with the changing trade of economic order and making development was the main target. There are some political economic factors that have been working behind the formation of SAARC.