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Read the following scenario and complete the tasks given below:
The United Kingd
Read the following scenario and complete the tasks given below:
The United Kingdom is the largest source of Foreign Direct Investment (FDI) in Oman, accounting for approximately 51.1 percent of total FDI received by the country. In Q1 of 2023 alone, the figure increase by more than 44 percent in comparison to the same period in 2022. The economic and commercial relations between India and Oman are robust and buoyant. Bilateral trade during FY 2020-2021 at USD 5.4432 billion. Bilateral trade for the year 2021- 2022 reached US $ 9.988 billion and for the year 2022-2023 (Apr – Jan) reached US $ 10.659 billion.
Requirements:
·Maintain a digital file / journal / scrapbook of economic news to cover the Oman’s Foreign Trade in the last 10 years and highlight supportive measures initiated by the Government. Secondary data must be collected from academic sources of literature (OECD, IMF & International Trade Administration etc.,)
·A minimum of (10) data items should be attached along with the source and date. Relevant interpretation should be written with a clear understanding of the economic inferences and implication of the news.
·The digital news journal should be submitted as an attachment to a written report.
·You are required to write a report of 1500 words based on the findings concluded from the collected news. In the report you should relate the concluded findings to your knowledge of the macroeconomics concepts and to the international economic environment.
·You should write a title for the e-journal. The title must be related to the contents you are describing.
·To address the given tasks, you will have to refer to the lecture notes and conduct independent research which would give the necessary skills that are required. Academic sources of literature are essential.
***other instruction will be provided with examples to follow
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