Prior to beginning work on this discussion forum, read Chapters 9 through 11 in the course textbook and answer the questions found at the end of the case in Chapter 9, Going Down to the Wire in the Money-Transfer Market. Support your answer with at least one credible, recent source in addition to the course textbook. Your initial response should be 200 to 300 words.

Case: Going Down to the Wire in the Money-Transfer Market

Question 9-1: The United [Arab] Emirates, of which Dubai is a member, is one of the Gulf Cooperation Council members. How does it compare with the other GCC countries in terms of total population and the non-immigrant population as a percentage of total population? How important do you think migration and therefore capital remittances are for each of the countries in the GCC? (Daniels, Radebaugh, & Sullivan, 2018, Chapter 9).