ECN500 Balance of Payments Discussion

Question

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ECN 500 SEU Balance of Payments Discussion

  • Discuss KSA’s categories of balance-of-payments.
  • Discuss why the supply and demand for foreign exchange are considered to be derived schedules. 
  • Discuss the meaning of a surplus (deficit) on the merchandise trade balance, goods and services balance, and current account balance? Discuss how this impacts trade in Saudi Arabia.

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