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Task
1. Discuss the importance of laws and the requirements to amend them regularly. Cite examples from the perspective of Oman.
2. Explain with evidence the importance, advantages and disadvantages of the commercial agreements between Sultanate of Oman and any foreign countries. Explain the steps and procedures taken by the government through its concerned ministry to protect the national companies. ( Discuss and analyse the above with your opinion and recommendations)
3. Discuss the concept of a conciliation and reconciliation committee as it applies to Oman with examples reflecting their success.
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Explain why only two of the three objectives can be achieved at any point in time also they want to fix the nominal exchange rate, in order to stabilize the price level.
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