Trade Agreements and Thier Implications on Pakistan Trade (May 2013)

TRADE AGREEMENTS & THEIR IMPLICATIONS ON PAKISTAN’S TRADE

Published in: May 2013

The trade agreements provide opportunity to contracting countries to avail concessions on the tariff lines thereby giving way to the enhanced trade volume and increased trade revenues. The Free Trade Agreements decline trade barriers and encourages economies of scale of production along with the intra and inter-industry specialization within the countries. The level of welfare & gains of trade agreements mainly depends on the productivity of contracting countries. This report will highlight the trade relation of Pakistan with other countries of the world

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