What does the term Gross Domestic Product (GDP) mean?
A. What share of GDP came from services in 2012? B. What could be included in the category ‘other industry’? C. State whether the share of GDP from the following has increased, decreased, or stayed unchanged in the period from 1992 to 2012: Agriculture; Manufacturing industry.
State one textile product that Pakistan exports.
By how much is the total value of imports larger than the total value of exports?
Describe three differences between the goods Pakistan exports and the goods it imports by using Fig. 8.
Explain two problems for Pakistan’s economy that arise from the differences you described in part (iii).
State one main trading partner with Pakistan for exports and one for imports.
Describe a transport method that could be used to trade with one of the countries named in your answer to part (i). Suggest the benefits of using that transport method.
“There are more factors that obstruct trade between Pakistan and other countries than factors that support trade.” To what extent do you agree with this view? Give reasons and use examples you have studied to support your answer.