How will Pakistan's economy affect if they stop importing things?
Answers
Answered by
3
How to Decrease Imports/Increase Exports
- Taxes and quotas. Governments decrease excessive import activity by imposing tariffs.
- Subsidies. Governments provide subsidies to domestic businesses in order to reduce their business costs.
- Trade agreements.
- Currency devaluation.
Answered by
1
Answer:
Explanation:
PAKISTAN'S(OUR) ECONOMY WILL BE BETTER IF WE EXPORT THINGS INSTEAD OF IMPORTING...
The principal factor is the relative cheapness of imports due to our currency being overvalued by over 20 per cent. Consequently, many import-substituting industries within Pakistan have been unable to compete and the volume of major imports has gone up by anywhere between 18 and 56 per cent for different items
IM PAKISTANI TOO
Similar questions