1. Local
Trade within one small
local area or community.
This type of trade mainly
serves people who live
near though some
people might choose to
visit from another
community.
Explain the trade that
exists in your local area.
Why is this important to
the people who live here?
2. National
Trade across the emirate or a region within the UAE.
This type of trade mainly serves business and people living in the
UAE. For example, a supplier might sell to large supermarkets
across the entire country.
Explain the trade
that exists within
the country.
National
3. National Trade across the emirate or a region within the UAE.
This type of trade mainly serves business and people living in the
UAE. For example, a supplier might sell to large supermarkets
across the entire country.
4. International trade is the exchange of goods, and
services across international borders or territories. A
key part is international trade is importing and
exporting.
Explain the trade
that exists
between the UAE
and the rest of
the world
International
5. Why do we export?
To receive foreign currency needed to buy our imports.
UAE is a small country (less than 0.1% of the world
population) so we need a wider market such as EU, USA ,
ASIA etc.
Selling more means more jobs are created.
Explain what
we might
export.
6. Why do we import?
To obtain natural resources that are not available in UAE. Eg.
Cotton
To have variety and choice of goods & services. Explain what
we might
import.
