Import tariff protection was used as a forceful policy instrument in the past to establish investment priorities in the developing countries. Discuss the economic implications of reducing import tariff to the minimum globally under auspices of WTO Conventions to which Pakistan is a signatory.

Discuss · 20 marks · 30 min

About 1200 words. The examiner marks against these:

• ☐ Pakistan link
• ☐ Impact

Debate: Does trade liberalisation under the WTO help or harm Pakistan's growth?