Question

Conduct your own research to see whether Singapore is trading any of the following products with...

Conduct your own research to see whether Singapore is trading any of the following products with Oman:

1) Cars

2) Petroleum

3) Computers

4) Pharmaceuticals

5) Gold

Provide details of what you find out. Sources of reference should be cited to back up your research findings.

Homework Answers

Answer #1

As Oman is one of the gulf country, it generally exports petroleum,crude oil to rest of the world.

So in case of Singapore also Oman exports petroleum crude oil to Singapore.

There is a GSFTA ( GCC Singapore FREE TRADE AGREEMENT) between the Singapore and gulf countries and Oman is also one of the gulf country. this agreement is established between the gulf countries and Singapore to promote the trade between these two countries.

GCC are the 7 largest trading partner of the Singapore.

In 2018 Oman imports 156.34 million dollar of products from Singapore.

Show Oman exports petroleum to Singapore.

Oman imports from Singapore motor vehicles other than railway and tramway.

And Oman exports petroleum to Singapore.

Source: trading economics

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