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Suppose two countries, Dantooine and Tatooine, trade three differentiated goods between each other. The exports and imports of Dantooine of the three goods are: Exports

Suppose two countries, Dantooine and Tatooine, trade three differentiated goods between each other. The exports and imports of Dantooine of the three goods are:

Exports Imports
Good 1 $2,000,000 $1,200,000
Good 2 $25,000 $15,000
Good 3 $17,000 $3,000

Question 1 of 11 Points

The good(s) with the highest IIT are:

  • A.:Good 3has the highest IIT
  • B.:Good 1 has the highest IIT
  • C.:Good 1 and Good 3both have the highest IIT
  • D.:Good 2and Good 3both have the highest IIT
  • E.:Good 1 and Good 2 both have the highest IIT
  • F.:All three goods have the same IIT
  • G.: Good 2has the highest IIT

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