Discussion- Saudi Arabia has recently increased its degree of openness.docx

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Discussion: Saudi Arabia has recently increased its degree of openness, engaging in higher international (financial & non-financial) activities. Briefly discuss the following along with providing one example: How would this affect our economy? How would this affect our BoP? Current account & financial account. How would this affect our exchange rate? Since it is a pegged exchange rate regime, increasing international trade will affect the exchange rate, so how would the Saudi Central Bank react to this? .

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