(This Question Pertains to Material in Appendix C In This Situation, Country A's Index of Intra-Industry Trade Would
(This question pertains to material in Appendix C.)
Suppose that country A 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:
In this situation, country A's index of intra-industry trade would have a value of
__________.
A) 0.3
B) 0.4
C) 0.6
D) 0.7
Correct Answer:
Verified
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