Solved

The Table Given Below Shows the Export and Import Values

Question 13

Multiple Choice

The table given below shows the export and import values of automobiles, pharmaceuticals, and clothing in country A and country B.  Country A  Exports ($billions)   Imports ($billions)   Automobiles 2040 Pharmaceuticals 3030 Clothing 400\begin{array} { | c | c | c | } \hline \text { Country A } & \text { Exports (\$billions) } & \text { Imports (\$billions) } \\\hline \text { Automobiles } & 20 & 40 \\\hline \text { Pharmaceuticals } & 30 & 30 \\\hline \text { Clothing } & 40 & 0 \\\hline\end{array}  Country A  Exports ($billions)   Imports ($billions)   Automobiles 020 Pharmaceuticals 4040 Clothing 4535\begin{array} { | c | c | c | } \hline \text { Country A } & \text { Exports (\$billions) } & \text { Imports (\$billions) } \\\hline \text { Automobiles } &0 & 20 \\\hline \text { Pharmaceuticals } & 40 & 40 \\\hline \text { Clothing } & 45 & 35 \\\hline\end{array} Country B has a higher intra-industry trade (IIT) share compared to country A for:


A) only automobiles.
B) only pharmaceuticals.
C) only clothing.
D) both pharmaceuticals and clothing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents