Analysis of United Arab Emirates
The United Arab Emirates is a federation of seven emirate states in the Middle East that was founded on December 2, 1971. The seven states include Abu Shabi, Dubai, Sharjah, Ajman, Umm al-Qaiwain, Ras al-Khaimah, and Fujairah. Although made up of desert by four-fifths, the United Arab Emirates has become a neo artless.
A bountiful(prenominal) Power Distance in this country (80) allows citizens to follow a caste systems, in that respect is not more upward mobility for its citizens. According to The International Business Center, leaders ar likely to have formed from uprisings. Those in leadership roles sustain ultimate power and have authority to make the rules and laws. Inequalities of wealthiness and power have been allowed to grow in this indian lodge because citizens argon ruled by the laws and regulations made by those in power. The steep Uncertainty Avoidance is mainly due from the tight jibe those in power hold. Low tolerance for uncertainty is evident. The High Masculinity Index reveals that the limitation in womens rights atomic number 18 closer related to the Moslem religion than that of culture. Low personal identity show that loyalty is held in higher regard than societys rules.
Major exports in the United Arab Emirates include underbred oil, natural gas, dried fish, and dates. Imports include machinery, transport equipment, chemicals, and food (CIA, 2011). Because the Muslim religion does not support tobacco and alcohol use, there is a high tariff in place for these items. The radiation diagram tariff rate for imports is 5%, however, the exception to this rate is the 50% tariff on tobacco and 100% tariff on alcohol. These tariffs are in accordance with the Golf Corporation Council (GCC), which coordinates governmental policies in countries such as Bahrain, Kuwait, Owan, Saudi Arabia, and the United Arab Emirates. The poverty-stricken Trade Zone allows 100% foreign ownership with zero(a) taxes, which has attracted many foreign investors.
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