The Government of Pakistan has signed various trade agreements with developed economies such as TIFA, CPEC, CPFTA to enhance the level of International Trade. However, Pakistan current account deficit has been increasing historically. What do you think are the reasons? How do you think the resolutions of FATF, and geo-political environment is responsible for it?

Answer rating: 100% (QA)

Current account deficit occurs in a situation in which a countrys imports is more than their exports The following reasons had been identified as bein... View the full answer