Skip to main content

Home/ IB Economics HL LG/ Group items tagged Pakistan

Rss Feed Group items tagged

Landon F

Need for import substitution - DAWN.COM - 0 views

  •  
    The gap between imports and exports in Pakistan is spurring the need for import substitution within Pakistan. However, their food industry is growing and that is expanding Pakistan's global reach.
  •  
    This article discusses how the Pakistan economy needs import substation in order to decrease the trade deficit it is experiencing. 
anonymous

Citizens slam government for hiking petrol prices weekly - 0 views

  •  
    Prices of petroleum products are rising which has led to an increase in the prices of daily-use items. Pakistan's citizens are demanding their government to review its pricing mechanism. Instead of having a weekly review, consumers want the government to switch back to the monthly price review. This article shows an imbalance in the price rationing of petroleum.
  •  
    Not only does this article fit well with the topic of price mechanisms, but it also is a great example of the effects that products can have on an entire economy. Petroleum is not just used to fuel cars, it is used to manufacture all sorts of other products. That aside, every company, one way or another, is affected by the price of petroleum, and when the price goes up, the manufacturers and retailers pass the increase in transportation costs on to the consumer, who indirectly pays for the high price of petroleum.
1 - 2 of 2
Showing 20 items per page