Balance Of Payments And Foreign Exchange

1/ Select a country of your choice (other than Saudi Arabia) and observe the last balance of payments issued by that country.

2/ Does the country run a current account deficit or surplus?

3/ What are the driving factors for the deficit or surplus?

4/ What are the implications of the current account deficit or surplus for the overall economy?

5/ What actions may better the nation’s situation?

Explain.

Directions:

Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.