Question
The Assignment: Intra-industry trade refers to the exchange of similar products belonging to the same industry. Select a country and by using the most recent
The Assignment:
Intra-industry trade refers to the exchange of similar products belonging to the same
industry.
Select a country and by using the most recent year's data for which data are available.
1- Document two product categories of intra-industry trade between your selected country and the
five countries that are the largest trade partners.
2- Calculate intra-industry trade (IIT) for each product category using the formula in the text.
3- Calculate the intra-industry trade share of one individual product in each product category using
the formula in the text.
4- Explain the degree of intra-industry trade of selected individual products in each category (in
other words, how much is intra-industry trade of selected individual product) in the selected
country.
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