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If GNP of Pakistan rises, it will encourage:
Exports
Imports
Both
None of these
- A rise in GNP (Gross National Product) indicates economic growth and increased national income.
- Option 1: Exports
- Increased GNP often means production capabilities have improved.
- Higher productivity can lead to more goods available for export.
- Option 2: Imports
- A richer economy can afford more imports.
- Consumers and businesses might import more goods for consumption and production.
- Option 3: Both
- Both exports and imports might rise with increased GNP.
- Boosted productivity can lead to export growth while higher income means higher import capacity.
- Option 4: None of these
- Highly unlikely, as economic growth typically impacts both exports and imports.
Option 3: Both is the correct answer.
.
By: santosh ProfileResourcesReport error
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