The volume of trade exchange with Iran amounted to RO349,807,063 as the balance of trade
surplus is in favor of Iran by RO144,083,713.
Finally, and in regard to the international effect, alternatively known as the net exports effect, the balance of trade
effect, the foreign purchases effect, the exchange rate effect, and the Mundell-Fleming effect, aggregate demand is more elastic the more responsive are exports and imports to changes in the domestic price level.
Problem StatementPakistan has been suffering Economic Dilemma that Balance of Trade
is in Deficit despite of continuous Depreciation in its Currency.
4% of the total foreign trade), and the unfavorable balance of trade
dropped by 15% to $349.
The problem, as our balance of trade
figures show is that the consumer goods would have to be imported, and as we import more than we export this would have to be financed by borrowing.
The exchange rate system adopted by Pakistan is floating depending on market conditions; however, it is frequently adjusted in hope of improving balance of trade
In the first quarter of 2012, the external balance of trade
in services of the EU was in surplus by 25.
Their informed and timely decisions will allow for improvement in the balance of trade
scenario in Pakistan and will positively contribute towards the growth and development of Pakistan's economy.
Accordingly the overall balance of trade
declined 49 per cent to pounds 195 million.
Environmental protection should be included in the overall balance of trade
so that it becomes a major component of the nation's economy.