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Intra-lndustry Trade Index Suppose that countryA has only three categories of traded goods and that A's exports and imports in the three categories are as
Intra-lndustry Trade Index Suppose that countryA has only three categories of traded goods and that A's exports and imports in the three categories are as shown in the table below Exports/Imports Table for Intra-Industry Trade exports imports good X $360 $355 goodY $35 $171 good Z $8 $96 total $360+35+8 $355+171+96 Calculate country A's Intra-Industry trade index (the Grubel-Lloyt index) and put your answer in the box below. (Keep your answer in percentage with 2 decimals. For example, If you got 15.26% , ll in 15.26 in the box below. Do NOT use 0.1526.)
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