ACCT 101 SEU Saudi Economy if The Saudi Government Questions

College of Administration and Finance Sciences
Assignment (3)
Case Study
Course Name:
Student’s Name:
Course Code:
Student’s ID Number:
Semester: 3rd
CRN:
Academic Year: 1444 H
For Instructor’s Use only
Instructor’s Name: Hussam Aljumah
Students’ Grade:
/10
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.
College of Administration and Finance Sciences
Assignment Question:
(Marks 10)
The US dollar has been dominating the global economy as the
world’s reserve currency for decades. However, under the fluctuations
of economics and changes in global power, the dollar became
questionable for the sustainability of this system.
1) In your opinion, is it in the interest of the world to abandon the US
dollar?
2) What are the implications on the Saudi economy if the Saudi
government decided to disengagement the Saudi riyal from the US
dollar?