Tuesday, September 18, 2007

blog topic 6.

How far do you you agree that the need to set up a Common Market was the most important reason for the merger between Singapore and Malaya?



I agree that the need to set up a Common Market was the most important reason for the merger between Singapore and Malaya. The reasons that Singapore favour a merger with Malaya is because of the political and economics problem. Malaya wanted to favour a merger with Singapore because of the political problems that she faced. The economics problem had to be solved by the setting up of Common Market as Singapore lacked of natural resources and unable to provide jobs for the people.


A Common Market means an agreement between countries allowing goods produced in one country to enter another country without paying taxes. Singapore wanted to gain independence without the help from the British but Singapore lacked of natural resources and face a declining entrepot trade in growing population which required jobs. Without the jobs, the people in Singapore will have difficulties living. Therefore, with the Common Market, goods can be bought and sold freely without being taxed and this would increased trade, expand industries and create more jobs for people. Thus, it could solve the economics problem that Singapore is facing.

In conclusion, I agree that the setting up of Common market is the most important for the merger between Singapore amd Malaya.