Multiple Choice
Suppose that industry X and industry Y have intraindustry
Trade indexes equal to 0.80 and 0.20, respectively.Which of the
Following is then correct?
A) There is a greater share of intraindustry trade in industry X than in industry Y.
B) There is a greater share of intraindustry trade in industry Y than in industry X.
C) Industry X and industry Y have equal shares of intraindustry trade.
D) There is no intraindustry trade in either industry X or industry Y.
Correct Answer:
Verified
Correct Answer:
Verified
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