Subjects: SSt (Grade 4)

Goods which a country sells to other countries

Goods which a country sells to other countries

mango orange

Sports equipment

Carpets

Goods that a country gets from other countries

Goods that a country gets from other countries

potato onions

Exports should be equal to imports

This is called balance of payment.

imports

exports

When a country`s imports are more than its exports

It has to borrow money. This upsets the balance of payment.

When balance of payment is upset Imports are greater than exports. We borrow money

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