Question

How have the kinds of goods exported by Pakistan changed overtime? Explain why this has happened.​

Answer 1

Answer:

Pakistan’s trade deficit has hit a record level of 30 billion US dollars in the first 11 months of 2016-17, showing a jump of 42 per cent as compared to the same period in the previous financial year. Exports have declined by three per cent to 18.5 billion US dollars while imports have gone up by 21 per cent to 48.5 billion US dollars.

Answer 2

Answer:

Pakistan exported a lot of raw materials in the beginning, such as cotton and sugar. Cotton goods, such as household linens and garments, are being exported now.

The Pakistani government opened up export markets in the 1980s by decreasing tariffs and easing regulations on what may be imported and exported, and it encouraged businesses to develop higher-quality goods with the intention of exporting them.

Explanation: