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Mod 08: Discussion – The balance of payments

Mod 08: Discussion – The balance of payments

Description

Hi, looking for support with the following, essay : 

The balance of payments is the record of the economic transactions between a country’s population and the rest of the world. International trade can be affected by a nation’s balance of payments. In a critical essay, please:

  1. Select a country of your choice (other than Saudi Arabia) and observe the last balance of payments issued by that country. Does the country run a current account deficit or surplus? – Show your answer in Red. 
  2. What are the driving factors for the deficit or surplus? Show your answer in Blue. 
  3. What policies should the government implement to improve the external position of the country? Show your answer in Yellow.