What are the 5 main highlighting features of the trade in UAE.
Answers
Answer:
=> Over the past several decades, the United Arab Emirates (UAE) has been transformed into one of the world’s most robust economies.
=> The key to the UAE’s success has been economic diversification; indeed, oil now accounts for only one-third of the country’s GDP.
=> According to UAE Ministry of Foreign Trade Reports, the value of non-oil exports increased thirtyfold during the period 1981-2009.
=> Dubai accounted for approximately 82 percent of non-oil exports in the UAE in 2010, while Abu Dhabi accounted for 14 percent
=> In particular, by setting up over two dozen free zones as platforms for nearly all industry sectors, the UAE has become far less dependent on oil
Explanation:
Answer:
According to UAE Ministry of Foreign Trade Reports, the value of ... Dubai has a broad foreign trade network extending to more than 220 countries and featuring ... the UAE as the 26th easiest place to do business and the 5th easiest ... The UAE's other major trade partners are China, the United States.
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