A special economic zone is primarily established to:
Correct answer: A. Attract investment through concentrated infrastructure and incentives
- A. Attract investment through concentrated infrastructure and incentives
- B. Replace the central bank's monetary policy committee
- C. Set national agricultural support prices
- D. Eliminate the need for domestic tax collection
Explanation
Special economic zones provide infrastructure, regulatory facilities and selected incentives to attract domestic and foreign investment. They do not replace monetary institutions or eliminate the wider tax system.
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About Economy of Pakistan
Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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