163 | How Pakistan Can Increase Its Export? Ft. Gonzalo Varela
Thought Behind Things
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Exports of Pakistan Are Sensitive to Exchange Rates
Exports are sensitive to exchange rate, just like everywhere else in the world. A one % depreciation of the rupe increases exports by half, or percentage point. But when the exchange rade depreciates, right? The growtelonger of exports is slower, right? So why is that? Andd we hear a lot about the no, there's no export surplus in pacgis. We found three things te that are quite interesting.
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