What is it called when Pakistan’s imports exceed its exports?
AFiscal deficit
BCurrent account surplus
CTrade deficit
DTrade surplus
Explanation
– A trade deficit occurs when the value of a country’s imports exceeds the value of its exports over a given period; Pakistan has historically run a persistent trade deficit, a recurring theme in discussions of the country’s broader external account chall
Exam Relevance
- Topic: General
- Subtopic: General

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