The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5

-The simultaneous import and export of goods in the same industry by a particular country is known as interindustry trade.

Question

The table below shows the quantity demanded (in thousands) and quantity supplied (in thousands) of computers in the U.S. and Canada at different prices.Table 20.5
 
-The simultaneous import and export of goods in the same industry by a particular country is known as interindustry trade.

Quizplus · Accepted Answer

Interindustry trade refers to the exchange of goods and services between different industries, while the simultaneous import and export of goods in the same industry is known as intra-industry trade.

The Table Below Shows the Quantity Demanded (In Thousands) and Quantity