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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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