Economy of the UNAC: Difference between revisions
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==Labour==
The UNAC also comprises a single travel area. Holders of UNAC passports get a visa on arrival upon entry into a UNAC member states. Citizens of UNAC member states face fewer barriers to living, working and studying in the UNAC than citizens from other nations. Island nations are allowed to restrict the number of people that they allow to live and work in within their borders to prevent overpopulation. These exemptions apply to [[the Oan Isles]], [[Yor]], Kundzeti, [[The Andorinhões]] and [[Dragonia]]. The [https://docs.google.com/document/d/1wcRU2KnwddzDnl1wH9lQt78DoxvZQhhP4qgZH-K2gIc/edit?usp=sharing Charter of the UNAC] protects the fundamental rights of workers throughout the member states of the UNAC such as the right to collective bargaining, fair pay, fair working hour, fair and safe working conditions, and adequate rest and recreation. Member states of the UNAC are required to enforce and bring effect to these requirements through their domestic legislation. The UNAC Commissioner of Labour is required to monitor, report on and support member states in the implementation of laws to protect the rights of workers within the UNAC.
== Finances ==
Each member state is responsible for setting and collecting taxes within its borders. Secondly, each member state is responsible for developing and implementing a budget. Nevertheless, each member state makes contributions to the UNAC to support its internal operations as well as assist other member states. The [[Auroran Monetary Fund]] is an organisation of the UNAC that is responsible for ensuring balance of payments stability and promoting economic growth. The Auroran Monetary Fund loans funds to member states of the UNAC to help them meet their balance of payments obligations and to build infrastructure. Seated in the Oan Isles and originally conceived by [[Foreign relations of the Oan Isles|Oan Foreign Minister]], [[Arana Marama]], it has assisted nations such as [[Asilica]] during the [[2021 City of Asilica Terrorist Attack]] by making 40 billion KRB worth of funds available to the Asilica government to rebuild its economy.
== Sectors ==
=== Primary sector ===
Great Morstaybishlia is the biggest producer of food in the world. It the biggest producer of products such as tea and wine from the [[Hobstiberry]] plant. [[Tivot]] is a leading nation in food related research due to the highly food technology sector which has made advancements in genetically modified food and laboratory grown food products.
=== Secondary sector ===
=== Tertiary sector ===
The UNAC has the largest financial services sector in the world. [[Tarov]], [[Aura]] and [[Sani Bursil]] are among the largest financial services centres in the world. Major financial services providers include [[Golding Smithant]] (arguably one of the largest banks by assets managed), [[Standard National Bank]], and Labia Turtle Bank. Through the development of complex base erosion and profit shifting tools collectively known as the [[Tivot Sandwich]], [[Tivot]] is the largest and most sophisticated offshore financial centres in the world. Other major offshore financial centres include [[Blueacia]] and [[Emberwood Coast]].
The UNAC is also one of the most important information and communication technology centres in the world. It is the location of the two of the largest internet service providers and software development companies in the world: [[Damehowe]] and [[Primrose]]. Other major ICT companies include [[Cafe Net]] (software and ISP) and [[Café Pay]] (mobile and online payments). [[Fort Staynes]], [[Fort Jubrayn]] and [[Tokapa]] are among the leading ICT hubs in the continent.
The UNAC is one of the most visited areas in the world. Due to its historic monuments vibrant and diverse cultures, accessibility and international connectivity, and iconic natural landscapes, the UNAC attracts millions of tourists every year. Furthermore, free travel arrangements among member states have encouraged intra-UNAC travel such that tourists from UNAC member states are the largest group of tourists. [[Sani Bursil]] is the most visited city on the planet. As the origin of [[Thaerism]], Great Morstaybishlia is among the biggest nations for religious tourism (in the form of pilgrimage to religious landmarks such as Sylvester Abbey) on the planet.
The UNAC is a hub for international shipping and trade. [[Tauranga a te Toka]], Aura and Tarov are the leading transshipment ports in the country.
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