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  2. What are the driving factors for the deficit or surplus? What are the implications of the current account deficit or surplus for the overall economy?

What are the driving factors for the deficit or surplus? What are the implications of the current account deficit or surplus for the overall economy?

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?
What are the driving factors for the deficit or surplus?
What are the implications of the current account deficit or surplus for the overall economy?
What actions may better the nation’s situation? Explain.


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