The National College of Business Administration and Economics (NCBA&E) on Wednesday awarded doctoral degrees to Haider Mahmood and Summaira Malik. The research topics of Haider and Summaira were “Some Economic Consequences of Foreign Direct Investment in Pakistan” and “A Static and Dynamic Analysis of Vertical and Horizontal Intra-Industry Trade” respectively. The two scholars completed their dissertation under the supervision of Prof Dr AR Chaudhry, head of the Economics department.