The United States and Mexico both export and import large quantities of electronic components, which is an example of intraindustry trade.

Question

Quizplus · Accepted Answer

Intraindustry trade refers to the international trade of goods within the same industry or sector. The fact that both the United States and Mexico both export and import large quantities of electronic components shows that they are engaging in intraindustry trade in this sector.

The United States and Mexico Both Export and Import Large