LJMU United Arab Emirates Economy International Economics Presentation

User Generated

ZNEX29

Economics

Liverpool John Moores University

Description

I NEED ONLY POWERPOINT  


content guide: SHORT VIDEO (Max 10 min) covering the following points:

Country: United Arab Emirates  

(3pt) Introduce the country with a description of why you selected it and what makes it interesting. Describe main country characteristics – GDP, population, inflation, unemployment, main resources. Use relative values to make the position of the country interesting. For example, Spain is the first exporter of olive oil in the world.

(3pt) List Top two import and export partners and the products being imported/exported

(4pt) Use theories of trade to explain

  • Why you think this country import from its main import partner;
  • Why you think this country trades with its main export partner;
    • Explain why this country imports the top product and export the top product.  
  • You can make a document that will help me present PowerPoint / CAN NOT put all the information in the PowerPoint there are a lot of information 

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Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.

United Arab Emirates Economy
Name
Institutional Affiliation

The United Arabs Emirates


The UAE is a proponent of free trade and maintains solid economic connections with
countries all over the world.



The UAE has established itself as a vital international trading hub connecting East and West
due to its open economy.



The GDP of UAE is currently at $401.51 (Focus Economics, 2021).

The United Arabs Emirates CONT’



The population of UAE currently stands at 9.89million.



The inflation rate of UAE is 2.86%



The main resources in UAE are petroleum and natural gas wich are mainly found in the

Emirates of Abu Dhabi (Focus Economics, 2021).


The unemloyment rate currently stands at 3.0%

Import Partners



The two main important import partners of UAE are China and India (UAE
Embassy in Washington, DC, 2021).



China takes 13.9% of the imports with the primary products being mechinery

and electrical equipments, plastics, chemicals, furniture, metals , and textiles.


India takes 11.7% of the imports with the primary products being precious
metals, textiles, mechinery and electrical equipment and chemical products.

Export Partners



Th...


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