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.
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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.

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