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Essay / Research Paper Abstract
This 3 page paper examines Saudi Arabia as a potential business destination. This includes some background of Saudi Arabia, statistics on economy and trade information of imports and exports, and details of population, inflation, unemployment and politics. The bibliography cites 1 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEsaudia.rtf
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Unformatted sample text from the term paper:
and has an extreme of temperatures is a limited monarchy, where law is based mostly on Islamic law with some secular law, it a very different system than in
the west. Looking at the social factors there is an estimated population of 24,293,844, however, included in this are a large number of foreign nations, estimated at 5,576,076
in July 2003 (CIA, 2003). In terms of ethnic origin, of the national, 90% of Arabic extraction and 10% are of Afro-Asian extraction. The relation is 100% Muslim (CIA, 2003).
Literary is still increasing, currently 78.8% of the population are literature, defined as those over the age of 15 who can read and write (CIA, 2003). This is disproportionately male,
with 84.7% in males and 70.8% in females (CIA, 2003). The population growth rate is 3.27% (CIA, 2003). Looking at the country form an economic perspective this is an economy
that is dominated with oil. The country has an estimated 26% of the worlds entire oil reserves (CIA, 2003), which places it an economically strong position. This places the country
as a leading member of OPEC and with oil playing an important role in the economy, accounting for 45% of the GDP, it provides 75% of the budget revenues and
accounts for 90-% of the countries export earnings, it is understandable why the government exercises tight control over this sector (CIA, 2003). Overall in this country only 25% of the
GDP comes from private sector origins, however, this may be changing (CIA, 2003). There is a gradual change in policies with increased liberalisation and plans were announced, in 1999, to
go ahead with some privatisations (CIA, 2003). These include the plans to privatise the electricity and telecommunications companies (CIA, 2003). There is also an awareness of the countries dependant
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