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

Question

Quizplus · Accepted Answer

The index of intra-industry trade measures the overlap between exports and imports within the same industry. A value of zero indicates that there is no overlap, meaning the industry either exports or imports, but does not do both.

If the Index of Intra-Industry Trade for an Industry Is