In intra-industry trade, a country imports and exports goods produced by a single industry.

Name: In intra-industry trade, a country imports and exports goods produced by a single industry.
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Intra-industry trade refers to the import and export of goods belonging to the same industry. For example, a country may both import and export automobiles, or both import and export pharmaceuticals. This is different from inter-industry trade, where a country imports and exports goods from different industries.

In Intra-Industry Trade, a Country Imports and Exports Goods Produced