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A Note on the Structure of Pakistan's Foreign Trade

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  • JOSEPH J. STERN

    (Harvard University)

Abstract

Developing countries general1y are not only concerned with the level of their export earnings but also with the commodity and geographic composition of exports, and, to a lesser extent, of imports. Concern over a high degree of commodity structure in exports is usually based on its presumed association with adverse price movements. A more diversified export commodity structure will reduce the impact on the overall level of foreign-exchange earnings from price fluctuations in any particular commodity. While concentration on a few commodities need not be identified with being a primary commodity exporter, for many developing countries a high degree of commodity concentration is often correlated with the exports of primary commodities [6 ; 9].

Suggested Citation

  • Joseph J. Stern, 1969. "A Note on the Structure of Pakistan's Foreign Trade," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 9(2), pages 212-223.
    • Handle: RePEc:pid:journl:v:9:y:1969:i:2:p:212-223
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    File URL: http://www.pide.org.pk/pdf/PDR/1969/Volume2/212-223.pdf
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    Cited by:

    1. Satis Chandra Devkota, 2004. "Causes of Export Instability in Nepal," International Trade 0410002, University Library of Munich, Germany.

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