The Saudi Arabian economy has developed with the use of large numbers of expatriate workers. In a critical essay, indicate the benefits and costs of dependence on large numbers of expatriate workers. Should Saudi Arabia seek to include or exclude labor mobility in future regional free trade agreements? Why or why not? Directions: • 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 (chapter 8-9 attached), principles and theories from the textbook and at least three scholarly(two good article recommended by prof attached) , peer-reviewed journal articles. Use the Saudi Digital Library to find your resources. • Use academic writing standards and APA style guidelines. • Review the grading rubric to see how you will be graded for this assignment (attached). • Apply classical trade theory to explain the activities of multinational enterprises (MNEs). • Analyze the welfare effects of transborder flows of labor (migration). Recommended Articles as references: •Alodadi, A., & Benhin, J. (2015). Long term economic growth in oil-rich Saudi Arabia: What is the role for non-oil sectors? (English). Economic Issues, 20(1)109-129. •Belloumi, M., & Alshehry, A. (2018). The impacts of domestic and foreign direct investments on economic growth in Saudi Arabia.. Economies, 6(1), 18. •Ndiaye, G., & Helian, Xu. (2017). Impact of China’s FDI on economic growth of African countries. Aktual’ni Problemy Ekonomiky = Actual Problems in Economics; Kiev, 190, 24-34.
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