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Topic: |
Business
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Number of pages / Number of words: |
21 / 5766 |
Essay's paper body
As further measure to boost growth in the domestic assembly and component manufacturing industry, the Malaysian Government introduced requirements mandating the use of local content in automobile assembly and implemented a duty structure imposing high taxes and tariffs on CBU vehicles (United Nations Economics and Social Commission for Asia and the Pacific 2008)...
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Thus Malaysia began its undertakings in the manufacturing of CKD vehicles.
These strategies were effective, in that, by the 1980s, there were 15 automobile assemblers in Malaysia. However, the needs of each automobile assembler were dissimilar and the disparateness resulted in low demand for any particular type of component...
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