Homework Answers
Formula of Intra Industry Trade :
Grubel Llyod Index : 1-( Export of Industry A- Import of Industry A))/ (Export of Industry A+ Import of Industry B)
Good T =1-(100-20)/(100+20) =1-(80/120)=0.33
Good X=1-(300-80)/(300+80)=1-(220/380)=0.43
Good Y=1-(100-300)/(100+300)=1-(200/400)=0.5
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Part I. Index of Intra-Industry Trade (IIT) for Country In class, we leamed how to calculate the IIT index for each industry. How can it measure for a country as a whole? In Appleyard book (p.202), If we designate commodity categories by 1, represent exports and imports in each category by X7 and Mi, respectively, total exports and imports by X and M, respectively, and call our index of intra-industry trade, the formula for calculating the degree of country IIT...
Assignment 4 Part I. Index of Intra-Industry Trade (IIT) for Country In class, we learned how to calculate the IIT index for each industry. How can it measure for a country as a whole? In Appleyard book (p.202), If we designate commodity categories by i, represent exports and imports in each category by Xi and Mi, respectively, total exports and imports by X and M, respectively; and call our index of intra-industry trade, the formula for calculating the degree of...
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