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Q

Easy 1 Mark

General Knowledge Economy of Pakistan

What is the purpose of international trade for Pakistan?

A Only to compete with neighboring countries

B To sell surplus products and purchase goods that cannot be produced locally

C To achieve self-sufficiency

D Only to earn prestige internationally

Explanation

International trade allows Pakistan to sell surplus products (exports) and purchase goods it cannot produce locally or in sufficient quantities (imports), benefiting the overall economy.

Reference: Economy of Pakistan - General Knowledge , Page 3

Hint

Trade fills the gap between what a country produces and what it needs.

Explanation

Hint

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