Homework answers / question archive / Due to rapid spread of covid-19, Malaysian government has banned exports of face masks to ensure sufficient supply for Malaysians during current pandemic and also announced that the price of the three-ply face masks increased at RM2 instead of 80 sen per piece

Due to rapid spread of covid-19, Malaysian government has banned exports of face masks to ensure sufficient supply for Malaysians during current pandemic and also announced that the price of the three-ply face masks increased at RM2 instead of 80 sen per piece

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Due to rapid spread of covid-19, Malaysian government has banned exports of face masks to ensure sufficient supply for Malaysians during current pandemic and also announced that the price of the three-ply face masks increased at RM2 instead of 80 sen per piece. While, Top Glove as the world’s largest natural rubber glove maker, its sales has dramatically increased as orders stream in from countries affected by the pandemic. You are required to evaluate current export circumstance of protective stuff (e.g. masks & gloves)

In the context of covid-19, explain the reasons why Malaysian government embargoes exporting of face masks and also intervenes the retail price of 3-ply masks in local market.