In a critical essay, discuss at least two trade theories that can explain Saudi Arabia’s international trade. Analyze their main insights and challenges. Are they good predictors of trade patterns?

Critical Thinking: International Trade Theories (100 points)

In a critical essay, discuss at least two trade theories that can explain Saudi Arabia’s international trade. Analyze their main insights and challenges. Are they good predictors of trade patterns? What implications does the Saudi Vision 2030 have on international trade?

Directions:

• Your essay is required to be four to five pages in length, which does not include the title page and reference pages, 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 follow APA style guidelines.

Readings

Required:

Chapter 3 in International Economics

Alkhathlan, K., Alkhateeb, T., Mahmood, H., & Bindabel, W. (2020). Concentration of oil sector or diversification in Saudi economy: consequences on growth sustainability. Entrepreneurship and Sustainability Issues, 7(4), 3369-3384. Retrieved from https://jssidoi.org/jesi/uploads/articles/28/Alkhathlan_Concentration_of_oil_sector_or_diversification_in_Saudi_economy_consequences_on_growth_sustainability.pdf

Devarajan, S. (2020). Has globalization gone too far- or not far enough? Georgetown Journal of International Affairs, 21, 114-119. Retrieved from https://muse.jhu.edu/article/766379/pdf

Recommended:

Chapter 3 PowerPoint slides  Chapter 3 PowerPoint slides – Alternative Formats – International Economics

Haque, M. (2020). Assessing the progress of exports diversification in Saudi Arabia: growth-share matrix approach. Problems and Perspectives in Management, 18(3), 118-128. Retrieved from https://doi-org.sdl.idm.oclc.org/10.21511/ppm.18(3).2020.10

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