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