If the index of intraindustry trade for an industry is zero, then:
A)exports and imports in that industry are equal.
B)there are no exports in that industry.
C)there are no imports in that industry.
D)there is no trade in that industry.

Question

If the index of intra­industry trade for an industry is zero, then:
A)exports and imports in that industry are equal.
B)there are no exports in that industry.
C)there are no imports in that industry.
D)there is no trade in that industry.

Quizplus · Accepted Answer

If the index of intra-industry trade is zero, it indicates that there is no trade occurring in that industry, meaning neither exports nor imports are present.

If the Index of Intra­industry Trade for an Industry Is

If the Index of Intraindustry Trade for an Industry Is