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Malaysia
Malaysia
Geography-:
Malaysia has a long history of internationally valued exports, being known from the early
centuries A.D. as a source of gold, tin and exotics such as birds’ feathers, edible birds’ nests,
aromatic woods, tree resins etc.The nineteenth century witnessed an enormous expansion in
world trade which, between 1815 and 1914, grew on average at 4-5 percent a year compared to
1 percent in the preceding hundred years. The driving force came from the Industrial Revolution
in the West which saw the innovation of large scale factory production of manufactured goods
made possible by technological advances, accompanied by more efficient communications (e.g.,
railways, cars, trucks, steamships, international canals [Suez 1869, Panama 1914], telegraphs)
which speeded up and greatly lowered the cost of long distance trade.