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.Your well-written paper should meet the following requirements:Be three to five 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.Use academic writing standards and APA style guidelines.Support your submission with course material concepts, principles and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more.

You're meeting with Lester in his office to discuss the details of your presentation to the board next week."Given all of the research that you have completed over the past several weeks," he says, "you should have most of the information you need to make a presentation to the board. The board doesn't want you to do any more research on all of the topics; rather, we want you to summarize the research that you have already done. ""Yes," you say. "I think I have what I need.""Of course we want your final conclusion and recommendation on what the company should do regarding the location issue, as well," he says."What type of presentation do you have in mind, Lester?""A PowerPoint presentation would be appropriate for this group,” he says. “I want you to include slide notes, too, in case we have to go back and look at something at a later date. Your PowerPoint presentation should contain between 7-10 slides, not including the title slide and reference slide(s). For each slide, you should have between 150–200 words in the Notes sections. Let’s take a few minutes now to go over how the slides should be organized. I’ve done similar presentations, so I can save you some time with a few pointers.”When you get back to your office, you type out your notes about each element you discussed and the overall organization of the presentation. For this presentation, you are addressing the following elements:Legal, social, and financial factor considerationsEconomic factors: gross domestic product (GDP), inflation, interest rates, unemploymentElasticity of demandEconomies of scale and efficiencyStrengths, weaknesses, opportunities, and threats (SWOT)Market structureRiskCosts (marginal, fixed, variable, etc.)International expansion (Five factors that should be considered before making the decision to expand internationally)7-10 slides + 150 words per slide in the notesCheck attached for information and reference