The balance of payments is the record of the economic transactions between

a country's population and the rest of the world. International trade can be

affected by a nation's balance of payments. In a critical essay, please:

Select a country of your choice (other than Saudi Arabia, India, Pakistan, or

China) 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 policies should the government implement to improve the external

position of the country?