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Suppose That Imports and Exports in an Industry Are $100

Question 48

Multiple Choice

Suppose that imports and exports in an industry are $100 million
And $200 million, respectively.Will the index of intra­industry
Trade for this industry rise, fall, or remain unchanged if exports
Fall to $100 million?


A) It will rise.
B) It will fall.
C) It will remain unchanged.
D) There is not enough information to determine how the index will change.

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