Trade in Kuwait before Discovery of Oil

January 2017 | 13 pages | ID: T18F19BFB93EN
Sadia Saeed

Abstracts

Trade is the part of the revenue stream of the Kuwait from the very long time. The trade patterns and trade commodities before and after the discovery of oil in the Kuwait are different in nature. In the final report we will evaluate the trade in Kuwait before and after the discovery of the oil by inspecting the different research studies. The aim of this report is to evaluate the trade trends and patterns of the Kuwait before and after the discovery of the oil and to show as what are the commodities of trade earn revenues for the states before the discovery of the oil. As before the discovery of the oil pearls are the main trade commodity of the Kuwait and people are heavily involved in trade of pearls all across the world. Kuwait involved in trade through different routes of gulf countries as through the Saudi Arabia and other countries and involved in trade throughout the world. Kuwait was blessed with the natural wealth of the pearls and this constitutes the main commodity of trade; however the financial crisis of the 1930 badly influences the pearl trade of the Kuwait. In the 1970’s after the discovery of the oil the trade patterns in the Kuwait altered as the trade commodity of the Kuwait change. After the discovery of the oil the prominent trade commodity of the Kuwait has changed and oil trade change the trade scenario of the Kuwait and discovery of oil proves the blessing for increasing the revenues of the Kuwait. Cont... (1800 words of this report)

Contents

Abstract
Introduction
Source 1: Journal Article
Book/E-Book
Source 3: Magazine or Trade Publication Article
Source 4: News Article
Source 1: Journal Article
Source 2: Book/E-Book
Source 3: Magazine or Trade Publication Article
Source 4: News Article
Conclusion
References