current affairs MCQ #4899

Pakistan's current account deficit is significantly affected by the trade deficit, which means Pakistan:

current affairs MCQ #4899

  1. Question 1

    Q1. Pakistan's current account deficit is significantly affected by the trade deficit, which means Pakistan:

    • A) Exports more than it imports
    • B) Imports more than it exports
    • C) Has equal imports and exports
    • D) Has no significant trade with other countries

    Answer: Imports more than it exports

    Explanation: Pakistan's chronic trade deficit means it imports significantly more than it exports, creating persistent pressure on foreign exchange reserves and contributing to recurring balance-of-payments crises requiring IMF intervention.