WHICH TRADE BARRIERS HAVE BEEN IMPOSED BY PAKISTAN? HOW ARE THEY UNSUITABLE AND WHAT SHOULD BE DONE IN THIS REGARD?

Abstract

This study explores what trade barrier has been imposed by Pakistan and how they are unsuitable for Pakistan’s economy. We undertook a qualitative exploratory study in order to understand the nature of tariff and non-tariff in the context of Pakistan’s economy by using archival records. We explored that trade restrictions imposed by Pakistan are related to rise in prices for consumer, increase in production and trade costs, encouraging informal economy and unemployment.