The main considerations Saudi Arabia

Description While Saudi Arabia seeks to diversify its economy, the Saudi economy is dominated by the petroleum sector. In addition, the Saudi Arabian Riyal (SAR) is pegged to the U.S. Dollar. In a critical essay, indicate the main considerations Saudi Arabia faces from a currency perspective (e.g., currency values, interest rates, inflation, and trade issues) that ensue given two scenarios: -The first scenario is a dramatically declining world oil price. -The second scenario is a dramatically increasing world oil price. Write in detail with examples and accurate analysis the 5 pages do not include abstract and conclusion Be cautious of plagiarism and citation, in addition to using reliable scientific sources. ….. Your essay is required to be 4-5 pages in length, which does not include the title page, abstract or required reference page, which are never a part of the content minimum requirements. Support your submission with course material concepts, principles and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources. Use Saudi Electronic University academic writing standards and APA style guidelines.