Use the following information to compute the intra-industry index for trade in NUTMEG; MACE AND CARDAMOMS between the U.S. and the continent of Africa. Since there are many different ways of deriving this index, be sure to use the one that we covered in the video lectures. Show your work for partial credit. 2019 8,184,220 479,944 435,955 21,202 497,594 4,460,449 98,848 Item with HS-4 codes Exports to Africa from U.S. TOTAL 0901 --COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE 0902--TEA; WHETHER OR NOT FLAVORED 0903--MATE 0904--PEPPER; GENUS PIPER; GENUS CAPSICUM OR PIMENTA 0905--VANILLA BEANS 0906--CINNAMON AND CINNAMON-TREE FLOWERS 0907--CLOVES (WHOLE FRUIT; CLOVES AND STEMS) 0908--NUTMEG; MACE AND CARDAMOMS 0909--SEEDS ANISE BADIAN FENNL CORIANDR ETC; JUNPR BERRS 0910--GINGER; SAFFRON; TUMERIC; THYME; BAY LEAVES ETC. U.S. Imports from Africa TOTAL 0901--COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE 0902--TEA; WHETHER OR NOT FLAVORED 0903--MATE 0904--PEPPER; GENUS PIPER; GENUS CAPSICUM OR PIMENTA 0905--VANILLA BEANS 0906--CINNAMON AND CINNAMON-TREE FLOWERS 0907--CLOVES (WHOLE FRUIT; CLOVES AND STEMS) 0908--NUTMEG; MACE AND CARDAMOMS 0909--SEEDS ANISE BADIAN FENNL CORIANDR ETC; JUNPR BERRS 0910--GINGER; SAFFRON; TUMERIC; THYME; BAY LEAVES ETC. 64,513 109,764 2,015,951 747,638,416 255,349,941 32,226,599 5,115,084 434,460,301 76,917 1,662,917 15,863 9,275,826 9,454,968 Use the following information to compute the intra-industry index for trade in NUTMEG; MACE AND CARDAMOMS between the U.S. and the continent of Africa. Since there are many different ways of deriving this index, be sure to use the one that we covered in the video lectures. Show your work for partial credit. 2019 8,184,220 479,944 435,955 21,202 497,594 4,460,449 98,848 Item with HS-4 codes Exports to Africa from U.S. TOTAL 0901 --COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE 0902--TEA; WHETHER OR NOT FLAVORED 0903--MATE 0904--PEPPER; GENUS PIPER; GENUS CAPSICUM OR PIMENTA 0905--VANILLA BEANS 0906--CINNAMON AND CINNAMON-TREE FLOWERS 0907--CLOVES (WHOLE FRUIT; CLOVES AND STEMS) 0908--NUTMEG; MACE AND CARDAMOMS 0909--SEEDS ANISE BADIAN FENNL CORIANDR ETC; JUNPR BERRS 0910--GINGER; SAFFRON; TUMERIC; THYME; BAY LEAVES ETC. U.S. Imports from Africa TOTAL 0901--COFFEE; COFFEE HUSKS ETC; SUBSTITUTES WITH COFFEE 0902--TEA; WHETHER OR NOT FLAVORED 0903--MATE 0904--PEPPER; GENUS PIPER; GENUS CAPSICUM OR PIMENTA 0905--VANILLA BEANS 0906--CINNAMON AND CINNAMON-TREE FLOWERS 0907--CLOVES (WHOLE FRUIT; CLOVES AND STEMS) 0908--NUTMEG; MACE AND CARDAMOMS 0909--SEEDS ANISE BADIAN FENNL CORIANDR ETC; JUNPR BERRS 0910--GINGER; SAFFRON; TUMERIC; THYME; BAY LEAVES ETC. 64,513 109,764 2,015,951 747,638,416 255,349,941 32,226,599 5,115,084 434,460,301 76,917 1,662,917 15,863 9,275,826 9,454,968
