• 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.

please add academic discussion

Directions:

• 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.