What is the value of the intra-industry trade index for an industry in which exports are $200 million and imports are $20 million?
a. 2.00
b. (200 + 20)/20 = 11.00
c. 20/[1/2 × (200 + 20)] = 0.18
d. (200 - 20)/200 = 0.90
Ans: c. 20/[1/2 × (200 + 20)] = 0.18
Economics
You might also like to view...
Discuss the effects of ongoing inflation based on the PPP theory
What will be an ideal response?
Economics
Crowding out makes fiscal policy more complicated to formulate because it can ________ the theoretical magnitude of the_______.
A. increase; multiplier effect B. reduce; multiplier effect C. reduce; interest rate D. increase; interest rate
Economics