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By the end of this topic, you should be able to:
Trade means the exchange of goods and services between people or countries. There are two main types:
International trade is very important because it allows countries to sell what they produce best and buy what they need from others. This helps countries earn money (called foreign exchange) and get products they cannot make themselves.
Exports are goods and services that Pakistan sells to other countries. When we export, foreign money (foreign exchange) comes into Pakistan, which is good for our economy.
Textile Products (the biggest export):
Agricultural Products:
Other Important Exports:
Imports are goods and services that Pakistan buys from other countries. When we import, foreign money (foreign exchange) leaves Pakistan to pay other countries.
Machinery and Equipment:
Energy/Fuel:
Raw Materials:
Food Items:
Vehicles:
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