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Most of the time of its history, Pakistan has faced trade deficit. Would you like to point out factors on which international trade of Pakistan may depend?

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter34: World Trade Equilibrium

Section: Chapter Questions

Problem 10E

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Question

Most of the time of its history, Pakistan has faced trade deficit. Would you
like to point out factors on which international trade of Pakistan may depend?

Definition Definition Situation in which a country spends more on imports than it makes through exports. When a trade deficit exists, net exports will be negative. Trade Deficit = (Imports) - (Exports)

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