According to World Bank Report 2018, trade between Pakistan and India Valued little over 2 Billion, whereas without trade barriers, it could reach _________ Billions?
Correct answer: C. $37 Billion
- A. $25 Billion
- B. $31 Billion
- C. $37 Billion
- D. $48 Billion
Explanation
The World Bank estimated that Pakistan-India trade could rise from just over $2 billion to around $37 billion if trade barriers were removed. This figure reflects unrealised regional trade potential rather than existing trade.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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