Industry O 50% 0 0% Automotive Fruits Exports $500'000 $150'000 Financial Services $100'000 What is the value of the intra-industry trade index in this example? O 100% 66.6% Imports $250'000 $300'000 $50'000

Industry O 50% 0 0% Automotive Fruits Exports $500'000 $150'000 Financial Services $100'000 What is the value of the intra-industry trade index in this example? O 100% 66.6% Imports $250'000 $300'000 $50'000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Industry
Automotive
Fruits
Exports
$500'000
$150'000
Financial Services
$100'000
What is the value of the intra-industry trade index in this example?
100%
66.6%
50%
0%
Imports
$250'000
$300'000
$50'000

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