economics discussion question and need the explanation and answer to help me learn.
Balance of Payments
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.
Discuss the concepts, principles, and theories from your textbook. Cite your textbooks and cite any other sources if appropriate.
Your initial post should address all components of the question with a 500 word limit.
Reply to at least two discussion posts with comments that further and advance the discussion topic.
Requirements: 500 words