Suppose That Industry X and Industry Y Have Intra-Industry Trade

Multiple Choice

Suppose that industry X and industry Y have intra-industry trade indexes equal to 0.80 and 0.20, respectively. Which of the following is then correct?

A) There is a greater share of intra-industry trade in industry X than in industry Y.
B) There is a greater share of intra-industry trade in industry Y than in industry X.
C) Industry X and industry Y have equal shares of intra-industry trade.
D) There is no intra-industry trade in either industry X or industry Y.