Almost the teachings of all the Religions in the world are to acquire and spread knowledge, information and skills. Our Religion Islam is among the top in this category that believes on learning and spreading of both Religious as well as Global Knowledge,
Written By "Arbab M Shahzad"
The world after World War–II has being changed dramatically in its various perspectives. Besides social, Ethical, cultural, environmental, political, and Religious Changes, one of the important aspect was change in thinking dimensions about country’s Economy. Before World War-II,
David Ricardo in 1917 wrote a book"principles of political economy"in which he presented the theory of comparative costs regarding international trade.according to Adam smith trade between the two countries is possible if each country has an absolute advantage over the other in the production of one commodity.
What is banking
Generally speaking a bank is an institution which deals with money basically and may be even properly on the contrary. The bank be draws the surplus money from the people i.e. excess of income aver consumption, which is a from of loan
This theory is also known as factor endowment theory presented by heckschre and ahlin (H.o) two economists) According to this theory;
ALLAH has gifted different resource to different countries .i.e some countries are rich in labor. Some in land and some in capital etc so due to difference in resources
What Is The Balance Of Payments
Balance of payments is a systematic record of all economist transaction completed between the residents of a country and the residents of the rest of the world. The economic transaction consist of exports and import