Q11. What were the negative impacts of nationalization on commerce and trade?

Ans: Negative Impacts:

1.Inflation affected the salaried class the most. Devaluation of currency though

increased export, but also increased the price of commodities.

2.The import of luxury goods increased. There was an increase in the import

expense of machinery which affected the balance of payment.

3.Due to the burden on the national treasury, the secure reserves of foreign

exchange started decreasing.

4.The increase in oil prices tumbled the trade balance of Pakistan in 1973.

Related Questions:

  1. Q26. Who emerged as the new government in the elections of 2018?
  2. Q(i). Enlist four salient features of the 1973 constitution.
  3. Q(ii), Mention major steps taken by Benazir Government during her first tenure in office.
  4. Q(iii). When and why the first government of Benazir Bhutto was terminated.
  5. Q(iv), Give a brief account of the important steps taken by Nawaz Sharif government during its first tenure,
  6. Q(v). When and why the first government of Nawaz Sharif was terminated,
  7. Q(vi). Write a short note on Afghan Jihad,
  8. Q(vii). What were the results of 2002 general elections?
  9. Q(viii). Briefly enlist Gen. Parvez Musharraf’s ideas which formed the basis of his Devolution Plan.
  10. Q(ix). Write shortly about the 13th constitutional amendment.
  11. Q(x). Which historic event took place during the second tenure of Muhammad Nawaz Sharif?
  12. Q.i Write two duties of the union Council.
  13. Qii.Why was Washington Declaration made?
  14. Q.iii Why did President Ghulam Ishaq Khan dismiss the Benazir Bhutto government?
  15. Q.iv Write two measures taken for women in the Musharraf government.
  16. Qv.Under which law did America discontinue the supply of defence armaments to Pakistan?
  17. Q.vi What is meant by Lahore Declaration?
  18. Q.vii Why is the 1973 Constitution called the federal constitution?
  19. Q.viii What was the limit of the agricultural land which Prime Minister Zulfiqar Ali Bhutto fixed for the individual holding?
  20. Qix. Under which amounts were the habib bank and the UBL privatized .