Clearwater Seafood: Product Analysis

Since the Alaskan King Crab industry links to many other businesses not just locally, but globally as well, the complications in the fishing quota permits have made it impossible for many workers to execute their jobs. Moreover, the prominent concern in the minds of many fishermen in the Bering Sea has surfaced as they wonder : how will the effects of the government shutdown of the Alaskan King Crab industry affect their ability to fish legally while still avoiding the possibility of a price

The lack of the supply chain creates the high demand and low supply of the rock lobster in the market. The rock lobster is the scarcity production which may affected by the weather (El-Meno, 2012). The worse weather cause the high “scarcity rent ”. The growth of the rock lobster is depending on the temperature and the habitat. Climate change has affected the production of rock lobster by the rising of sea level and changing the temperature of the sea water. These cause the reduction of the rock lobster in the Australian sea. Moreover, the main exported country of the Australian rock lobsters is china, Hong Kong and Taiwan (Australian Southern Rock Lobster Limited, 2008). The single markets of the exported country are risk. If the main export countries are going to stop the purchasing of the rock lobster, the market will be collapse.

~Canada’s five most valuable exports by species in 2014 were lobster, snow/queen crab, shrimp, Atlantic salmon and scallop.

In the United States, seafood is an important commodity. According to the National Oceanic and Atmospheric Administration (NOAA), the U.S. imported $20.2 billion in “edible fishery products in 2014” (“Imports”). With such large quantities of seafood flowing in and out of the country, mistakes can be made. For decades scientists have called attention to the problem of mislabeled fish. Although mislabeling fish may seem harmless, it can have devastating health effects on the consumer, and efforts to prevent mislabeling have increased. In order to combat this problem, the government should enforce DNA testing on all fish, regardless of whether the fish are imported or produced domestically. In addition, stricter monitoring of the production process

According to CIA World Factbook (Factbook), as of July 2017 the United Arab Emirates total population was approximately 6,072,475. However, there is a note on the source that states the United Nations (UN) estimated the country’s population 9,400,145 as of mid-year 2017 with immigrants taking up about 80% of the population. The last reported population growth was at 2.4% (est. 2017) translating to approximately 145,000 new net residents per year based on UN’s estimated population of the country. In 2016 the estimated labor force contains a population 5.242 million with expatriates accounting for approximately 88% of the force. The service industry dominates the country accounting for 78% of the labor force, second is industrial with 15%

“For the foreign currency control, the UAE has no restrictions or regulations on foreign exchange” (United Arab Emirates - Currency and Banking - IPR Country, n.d). This is good news for the foreign investor as there are no restrictions on the foreign exchange rate. As the result, UAE will attract more foreigners to invest within the country or have more foreigners to move to the UAE for work. Mubarak Rashid Khamis Al Mansouri, UAE’s Central Bank Governor, made a statement mentioning that “fixing and safeguarding the official exchange rate of the Dirham falls by law within the purview of the central bank’s board of directors, and that the policy of the fixed peg of the Dirham against the US Dollar will remain in place” (Nagrai, 2016). The UAE currency exchange rate had been fixed around 3.6725 per 1 US Dollar since 2000’s and will remain the same, as it has been stable in the economy for multiple years. Economic indicators highly recommend the government to keep the currency exchange rate at a fixed peg of the Dirham against the US Dollar since it is doing well. Furthermore, with the community not being democratic, the government will not change their decision on this system unless there is a boom in the economy. UAE is experiencing growth in the economy by having both imports and exports to rely on resources such as oil and gas. “UAE has seventh

In the late twentieth century, the Middle Eastern nation of the United Arab Emirates (UAE) began to make plans to distance itself from the petroleum industry that dominates most of the Persia. Driven by the fact that internal experts believe the country’s oil reserves will be depleted by the year 2012, the UAE is attempting to transition to a service industry, with a major focus on tourism, retail, and entertainment. In order to transform its economy, the UAE is first focusing of the already advanced city of Dubai, which is the first tax free, centrally-planned, freemarket capitalist society in the Middle East (1). With an economy valued at over forty six billion

United Arab Emirates is situated in the Middle East bordering Saudi Arabia and Oman. The country consists of seven emirates(cities) with Abu Dhabi as capital and Dubai, the financial capital of the country. The population of United Arab Emirates is 9.3 million as of 2013; however, the nationals of South Asian countries (Workers from Pakistan, India, Nepal, Bangladesh and Sri Lanka) comprise around 50% of UAE´s total population. Furthermore, Ethnic composition can be classified as: Emirati (19%), South Asians (50%), other Arabs and Iranians (23%), and other expatriates including Westerners and East Asians (8%). We observe from this pattern that there are more foreign population that leads the economy projects and the economy running in UAE. Some of the major reasons include people-friendly laws, welcoming and friendly atmosphere and political stability and safety accompanied by large pool of luxury offerings. (United Arab Emirates, Country Risk Report). Living in the UAE provides several advantages to Expats (Immigrant workers). One of the biggest advantage is NO Tax implications. Apart from the major advantage, other religions are allowed to be practiced - there is a church compound in Jebel Ali with Christian churches and a Sikh temple etc. Secondly, accommodation in Dubai is mostly new and pleasant. Serviced apartments are available everywhere in the city. These come furnished and are serviced as part of the rent; short-term leases are also available for this type of

Dubai is one of the seven emirates that joined in 1971 to make the United Arab Emirate (UAE). Dubai is located on the southeast coast of the Persian Gulf and is a business and cultural hub of the Middle East. Dubai’s main revenue comes from tourism, aviation, real estate and financial services. More than 90% of Dubai’s total GDP accounts to non-oil sector and tourism add 30% to this non-oil sector (Godubai, 2008). Dubai has attracted worldwide attention because of its various innovative large construction projects, sky scrapers, Burj Khalifa (world’s tallest building), man-made islands, sports & other cultural events. With its strategic geographical location and the great vision of its ruler, Dubai has gone a long way to become one of the fastest growing cities in the world and a unique tourist destination.

UAE is located at the southeast end of the Arabian Peninsula on the Arabian Gulf sometimes referred to as Persian Gulf, bordering Oman , and Saudi Arabia to the south, sharing sea borders with Qatar and Iran (CIA World Factbook). The population is estimated to be 9.446 million and consists of 1.4 million Emirati citizens and 7.8 million expatriates, majority of whom came from India, Pakistan, Philippines and other Arab countries. It was established in 1971 as a federation of seven emirates (states). Each emirate is governed by a monarch; together, along with some elected representatives, they form the Federal Supreme Council – legislative organ. One of the monarchs is selected as the President of the United Arab Emirates.

What has really helped them grow is their liberal trade system, their aim to be a regional financial hub and a banking sector that is resilient. The level of economic development is high due to a thriving economy with business, labor and trade freedom going up and government spending lowering. Due to a thriving economy, backed by favorable tax conditions, many see UAE as an ideal location for a growing workforce and seek to buy or rent. With a tax-free environment, investors are motivated to invest and draws in many foreign companies to start business in the free zones and cities of UAE. Specifically, in Dubai their

|   Strong competitors: within the region: Abu Dhabi, Qatar; outside of region: Singapore, Hong Kong

The United Arab Emirates is a global hub for business and investment. Although the UAE is the world’s seventh largest producer of oil and natural gas, it has managed to shift its economic focus away from its deep wells. Today, the country derives 71 percent of its GDP from construction, healthcare, aviation, tourism and other non-oil sectors. With the Heritage Foundation giving the country an impressive 79.6 percent business freedom score, you have every reason to set up a company in the UAE and start trading.

Abu Dhabi is the capital city of the United Arab Emirates, a country located on the southeastern tip of the Arabian Peninsula, straddling the Persian Gulf and the Gulf of Oman, which leads to the Arabian Sea (see Map 1 above). With a population of roughly 1.6 million, Abu Dhabi is the second most populous city in the country, after Dubai. The city is also the capital of the Abu Dhabi emirate, the largest of all emirates in the country, comprising over 80% of the country’s total land area. Abu Dhabi is situated on an island located just 250 meters from the mainland, and has a very distinguishable skyline consisting of modern skyscrapers.1, 2 The city is located in a desert area by the sea, so it possesses a hot and humid desert climate with summer temperatures averaging above 104 degrees but almost nonexistent rainfall.2 The city of Abu Dhabi was initially settled over 500 years ago, and it remained a relatively small settlement for local tribes until well into the 19th century. Under the rule of Sheikh Zayed bin Khalifa, Abu Dhabi focused on the trading pearls, and was able to develop quickly as a result of its favorable location linking the western world and the eastern realm such as India.3 The city embarked on a road to prosperity in 1958, when large offshore and onshore petroleum reserves were discovered, and oil exportation ensued in 1962. With over half the economy supported by oil revenue, the city’s GDP reached $100 billion in 2006, representing a

The United Arab Emirates (UAE) is a country on the Arabian Peninsula located on the southeastern coast of the Persian Gulf and the northwestern coast of the Gulf of Oman. The UAE consists of seven emirates and was founded on 2 December 1971 as a federation. Six of the seven emirates (Abu Dhabi, Dubai, Sharjah,