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Answer the following Questions:

1.Write a note on GCC Custom union. What are main principles behind creation of GCC Custom union

2.What is regional economic integration? Briefly explain the advantages of economic integration.

3.What is diversification? Explain different types of diversification

4.Identify the major advantages of import substitution industries.

5.The most dramatic structural problem facing the economies of the Gulf States is the effects of excessive population growth. Explain


Discuss the role of the State government in economic development

** Total word Count = 3 – 4 Pages.

** In-text Citation and References = Harvard Style.


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