А 1. How does International trade help Pakistan's economy?
2
a) In 2014-15, Pakistan's exports were worth US$ 17.9 billion, while imports for the same period were worth US$34 billion. What does this large difference mean?
b) What problems could result from this kind of trade imbalance over a long time? 3
a) Name the goods that make up most of Pakistan's exports today.
b) How have the kinds of goods exported by Pakistan changed over time? Explain why this has happened.
4
a) Name the goods that make up mosth of Pakistan's imports today.
b) How have the kinds of goods imported by Pakistan changed over time? Explain why this has happened.
give short answer
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Access to foreign exchange enables Pakistan to finance its imports, stabilise its currency devaluation.
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