What are the driving factors for the deficit or surplus

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

1- Does the country run a current account deficit or surplus?

2- What are the driving factors for the deficit or surplus?

3- What are the implications of the current account deficit or surplus for the overall economy?

4- What actions may better the nation's situation? Explain.

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.

Reference no: EM132695165

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