Subjects: SSt (Grade 4). Goods which a country sells to other countries.
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Transcript of Subjects: SSt (Grade 4). Goods which a country sells to other countries.
![Page 1: Subjects: SSt (Grade 4). Goods which a country sells to other countries.](https://reader035.fdocuments.net/reader035/viewer/2022081511/5697c01e1a28abf838cd1526/html5/thumbnails/1.jpg)
Subjects: SSt (Grade 4)
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Goods which a country sells to other countries
Goods which a country sells to other countries
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mango orange
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Sports equipment
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Carpets
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Goods that a country gets from other countries
Goods that a country gets from other countries
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potato onions
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Exports should be equal to imports
This is called balance of payment.
imports
exports
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When a country`s imports are more than its exports
It has to borrow money. This upsets the balance of payment.
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When balance of payment is upset Imports are greater than exports. We borrow money
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First large iron and steel plant, Pakistan steel was started in 1973 with Russian help
Heavy equipment is made at a factory in Taxila which was set Up with Chinese help in 1970
Pakistan Machine Tool Factory in Karachi was Set up with Swiss help in 1968