Southeastern University Balance of Payments for the UK Discussion

Select an European country of your choice 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.

Notes:

1- Embed course material concepts, principles, and theories (International Economics, by ROBERT J. CARBAUGH, 15th Edition), which require supporting citations along with at least two scholarly peer reviewed reference in supporting your answer.

2- at least 400 words excluding required reference, using APA style