Question

Increase or decrease in the oil prices will affect the price of a commodity in the UAE market’. Comment.

Answer 1

Explanation:

uae made a lot of money allowing ships to port there tax free

so it could be survive oil price changes

Answer 2

A decrease would suggest a possible error in the market and a lack of goods. Increases, on the other hand, can commonly occur when suppliers want better profits on their goods. A significant decrease would suggest a change occurence in the market, and would subsentially have, potentially, a major underlying impact on the United Arab Emirate Market.

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