logo image

Market prices

Pakistan is a 25th largest economy in the world and is a country which has many industries including textile industry, chemicals, food processing and agriculture. Pakistan economy has been going through many political problems, rapid growth of population, inflation and law and order situation. In past years since 1960 2005 the gross domestic product (GDP) at market prices was in 19960, 100 million Pakistani rupees, in 1980 it was 283460, in 1985 it was 560114 million rupees, in 1990, 1029093, in 1995, 2268461, in 2000 it was 3826111 and in 2005 it was 6581103. All the figures are estimated by IMF International Monetary Fund.

Pakistan industrial sector is very vast including textile industry which is 8. 5% of the GDP, fertilizers, cement, oil refineries, dairy products, food processing, beverages, construction material, clothing, paper products, shrimps etc. with the industrial production growth rate of 10. 7% in 2005 and large scale manufacturing growth rate of 18% in 2003. In Pakistan foreign investors are free to established their businesses and own business enterprises in all sectors of the economy except four sectors which includes arms and munitions, high explosive, currency/mint operations and radioactive substances.

No restrictions on technology transfer with that the government investment

Need essay sample on "Market prices"? We will write a custom essay sample specifically for you for only $ 13.90/page

policy also the repatriation of capital, capital goods, dividends and profit with the approval of the of the State Bank of Pakistan. In E-Commerce sector there are no trade restrictions but still government have rights to block certain websites which conflicts with the Pakistani religion and culture. All the above trade restrictions are based on the political bases, economical condition of the country as well as on the trade and foreign policy which are also beneficial for the people of Pakistan.

Pakistan does not protect any one industry but do support its agriculture and textile industry which are bigger than other and helps to generate revenue.

Refrences • Pakistan and Malaysia-Economic and trade relations, 2007: www. issi. org. pk/journal/2007_files/no_1/article/a1. htm – 84k • MU Din, Openness and Economic Growth of Pakistan: www. ideas. repec. org/a/pid/journl/v42y2003i4p795-807. html – 16k • Central Board of Revenue Pakistan: www. cbr. gov. pk

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy