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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1121 |
Essay's paper body
The Ministry of Economy has taken steps to fix the prices of basic commodities which make up 70% of retail trade in the UAE through discussions with major distributors (cooperatives as well as private retailers). The main issue in the economy of UAE is that it is a controlled market economy and hence though salaries and subsidies continue to rise, demand instead of falling continues to increase...
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The main issue in the economy of UAE is that it is a controlled market economy and hence though salaries and subsidies continue to rise, demand instead of falling continues to increase. Hence it is essential for any investor with long term interests in the country to keep a close eye on policies being passed to control inflation...
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