an essay describing how international trade supports different aspects of the UAE’s economy.
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Answer:
I know it better because the Emiratis are my neighbors xD
UAE has been a very strong trade center for many years, very famous for its trade in copper, oil, and pearls it became the third most important re-exporter. Its population has been increasing in the past years accordingly the demand is getting higher for importing aDubai’s economy is one of the most remarkable economies in the world. As in the free port duties there are no taxes to be charged for imported goodsThe oil Industry has a noticeable share while natural gas and petroleum contributed with less than 6%. On the other hand what had the largest share of all was the real estate market. In addition Dubai’s banking sector, including government services, hotels, restaurants, were elastic enough during the economies depression.As it is a resource of oil and oil has become a basic need for today's world which is making UAE's economy touch sky