Trusted by Students Everywhere
Why Choose Us?
0% AI Guarantee

Human-written only.

24/7 Support

Anytime, anywhere.

Plagiarism Free

100% Original.

Expert Tutors

Masters & PhDs.

100% Confidential

Your privacy matters.

On-Time Delivery

Never miss a deadline.

What is Oman’s comparative advantage (or competitive advantage) in comparison to other countries? Please explain about 3 or more (Oman's Women participation with government, Oman infrastrucure, Omani Products) Note : Type the answer, no need to write in paper+ no copy from any website

Economics Nov 04, 2020

What is Oman’s comparative advantage (or competitive advantage) in comparison to other countries?

Please explain about 3 or more (Oman's Women participation with government, Oman infrastrucure, Omani Products)

Note : Type the answer, no need to write in paper+ no copy from any website

Expert Solution

In terms of country Competitive advantge is define as something a certain country does that no one else does, for example - It can be, more value for customer than its competitors with combinations of labour supply, switable infrastructures, government participation, superior product, distribution or promotion benefits, and lower price of local products, etc.

Followings are the some important Oman’s comparative advantage (or competitive advantage) in comparison to other countries...

According to latest Global Competitiveness Report Oman ranked highly in several categories and also praised for their excellent macroeconomic environment, equality, high-quality infrastructure with switable liberal tax regime. Where in the World Economic Forum (WEF) Oman ranked 32nd out of the 142 countries. Oman developed a more diverse and innovative economy system were they provide fund's of approx 900 scholarships for higher education students with their country. After analysing the underscoring need to improve research and training services availability they recently provide more places for students in their system. Most importantly according to WEF competitiveness report, in the Oman approximately 7000 women obtained work in the private sector recently that eventually improving ratio of women to men in the labour force. Oman’s more pro-active policies that encouraging women’s participation in the workforce helping Oman's economy a lot. Oman has a critical geographic advantage, because they closer to Europe, Asia and Africa that eventually offering local exporters to trade their local products as result a competitive edge. Recently increased government spending improved physical infrastructure of Oman's ports and airports, transportation, government IT sectors all aggregate to have driven improvements in global competitiveness rankings as compared to other countries.

Archived Solution
Unlocked Solution

You have full access to this solution. To save a copy with all formatting and attachments, use the button below.

Already a member? Sign In
Important Note: This solution is from our archive and has been purchased by others. Submitting it as-is may trigger plagiarism detection. Use it for reference only.

For ready-to-submit work, please order a fresh solution below.

Or get 100% fresh solution
Get Custom Quote
Secure Payment