The foreign policy of the United Arab Emirates has one fundamental goal: the enhancement through its dealings with foreign governments, individuals and organizations of the prosperity, stability, power and independence of the country and its citizens. In this general sense, UAE foreign policy is similar to that of other countries. There are, however, two factors that distinguish UAE foreign pol...

Using a competitive two-country two-commodity monetary model with optimizing agents in which persistent unemployment arises, this paper examines the effects of trade restrictions on consumption and employment in the two countries. When facing unemployment, a country tends to impose an import restriction so that domestic firms will increase production and raise employment. However, this policy i...

Using a competitive two-country two-commodity monetary model with optimizing agents in which persistent unemployment arises, this paper examines the effects of trade restrictions on consumption and employment in the two countries. When facing unemployment, a country tends to impose an import restriction so that domestic firms will increase production and raise employment. However, this policy i...