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Sunday, 25 September 2011

Disadvantages of Export

Export are heavily on the upside in mostly all respects and in societies. Its downside is very little and limited to only undeveloped countries. The main problem that arises out of exports is the scarcity of locally available essential goods. Undeveloped countries, in the rat race to earn foreign exchange at any cost, are bent upon exporting even essential goods like fruits, vegetables, meats, eggs, and other poultry and dairy goods which fall short for local consumption. The result on one hand a common man is deprived of these essential items adversely affecting his health, and on the other, these governments only earn a little fraction of foreign exchange forming a very little percentage of overall foreign exchange earnings. In Pakistan, eating fruit is luxury for a common man. Although it is an agricultural country it is unable to produce fruits, vegetables, and other products in such quantities, as not only to cater to its peoples needs but also export in maximum amount.s

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