Positive side effects (Place)
.- the trade liberalization under the agreement of the WTO. Market of consumers are large. Channel of distribution is increased. However, each member country has the obligation to reduce taxes.Non tariff. It is equivalent to reduce barriers and increase channel in exporting goods to other countries. From the original may just be domestic. But within the has free trade agreementWhat follows is the sales and profit increase. For example new markets formed for Thailand, such as the European Union, China, Dubai. Etc.
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- the negative impact the trade liberalization. The export or import goods is made easier. So
.Countries with low production cost and has the advantage of more and more competitive. May affect the manufacturers in the country with a higher cost. The price war is inevitable.Areas such as employment, the growth rate of the industry, and the quality of the goods, etc., which at present, these problems are likely to rise dramatically. Such as the closure of a textile factory in Thailand.To restore order and non-standard production in China, etc.!
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