Module 10: Balance of Payments and Foreign ExchangeECN500Table of Contents ToolsModule IntroductionReadingsNote: The following readings may require you to be logged in to the Saudi Digital Library. You may do that here.RequiredChapters 10 & 11 in International EconomicsZhai, F. (2017). Trade cooperation and conflicts between the United States and China: Risks and realities. In A. S. Posen & J. Hai (Eds.), US-China Cooperation in A Changing Global Economy (pp. 145-154). Washington, DC: Peterson Institute for International Economics. Retrieved from https://piie.com/system/files/documents/piieb17-1.pdfRecommendedChapter 10 PowerPoint slides – International EconomicsChapter 11 PowerPoint slides – International EconomicsSaudi Arabia: Tourism Sector Set for Rapid Expansion. (2016). Oxford Analytica Daily Brief Service, 1.Stein, H. (n.d.). Balance of payments. Retrieved from http://www.econlib.org/library/Enc/BalanceofPayments.htmlFor Your SuccessThis module continues the investigation of the economics of international flows of the factors of production. The flows of capital across borders are discussed in relation to the balance of payments. Finally, international markets for foreign exchange are reviewed. Consider this question as you progress through the module: what do you think about the U.S. indebtedness and its long-term effects?Be sure to participate in this week's Discussion Board. Additionally, your next Quiz encompassing material from Modules