The United Arab Emirates
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This paper discusses how the GCC as a region, is a vibrant, dynamic, first-world trading bloc. It further discusses how for the five WTO member states, joining the WTO has been a positive influence in, not only its economic performance but also, in their achieving a certain degree of political and social improvement. According to the paper, the area boasts "First-World" physical and business infrastructures, whilst social indicators are comparable with the Organisation for Economic Cooperation and Development (OECD) countries. Life expectancy (74 years) and literacy rates (80%) are well above the average for developing regions. The GDP per capita averaged $15,234 in 2002 and the UAE and Qatar are ranked among the world's richest nations.
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The United Arab Emirates (2006, December 01) Retrieved September 19, 2020, from https://www.academon.com/essay/the-united-arab-emirates-88974/
"The United Arab Emirates" 01 December 2006. Web. 19 September. 2020. <https://www.academon.com/essay/the-united-arab-emirates-88974/>