Trade:Buying and
selling of goods articles is called trade.
Barter trade:Some people or
tribes having articles more than their needs were used to exchange
them and get those goods which they needed. This
type of trade is called barter trade.
The exchange
of goods and services within the boundaries of a country
is called domestic trade.
The exchange
of capital and services acrossinternational borders
is called international trade.
Import:All such items which we buy from other
countries of the world.
Pakistan
imports include petroleum, fertilizer, scientific apparatus, chemicals,
steel and iron, railway engine, automobile, and tea etc.
Export: All such items that we sell
to the other counties.
Pakistan
exportsrice, cotton and fruits.
Basmati riceof Pakistan is famous
all over the world.
Pakistan is famous
for cotton and woolen clothin all over the world.
Pakistan is famous
for the cotton thread and exports most of its cotton thread to
many countries.
Pakistan exports
most of its cotton to Bangladesh, China, Thailandand Vietnam.
The sports
goods made in Sialkot are famous all over the world.
In Sialkot,
and Wazirabad, surgical Instruments and Beautiful
knives, forks, spoons etc. are made and exported.
MCQs
The exchange of capital , goods, and
services across international borders is called……
a) trade
