Tariff Imposed on Singapore by Malaya (22 dic 1949 año – 1 ene 2010 año)

Descripción:

Malaya imposed a 25% tariff on all SG goods entering the country, making them more expensive and thus less desirable and reduced trade between the two countries. Through merger, Singapore hoped to establish a common market that would remove tariffs, increasing the demand of Singapore goods and increase the number of jobs available.

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