Trade Flashcards
(10 cards)
What are other countries specialized in?
Japan in mechanics
Sri Lanka in tea
Bangladesh in Jute
Pakistan in cotton
Major exports are divided into
Primary commodities
Processed goods
manufactured goods
What 3 stuff account for 70% of trade
Cotton
Leather
Rice
Name a few countries that make up for most Exporters
USA
China
Afghanistan
UK
germany
What are imports classified in
capital goods
raw materials
consumer goods
Which organizations are we a member of?
Economic Cooperation Organization ECO
South Asian Association for Regional Cooperation(SAARC)
WTO(World trade organization
What is the export processing zone called
Export processing Zones Authority
made in 1980
Where are they usually set up
Karachi
Sialkot
Gujranwala
Risalpur
What are needed for EPZs
Near seaport
Government policies
Good air travel
good transport
TPAD
Trade Development Authority of Pakistan
2006
