Part II. Short Answer 3. Intra-Industry Trade Index Suppose that country A has only three categories of traded goods and that A's exports and imports in the three categories are as shown in the table below good X good Y good Z Exports and Imports of Intra-Industry Trade $33 $56 $100 exports $44 $39 $11 imports

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Part II. Short Answer
3. Intra-Industry Trade Index
Suppose that country A has only three categories of traded goods and that A's exports and imports in
the three categories are as shown in the table below
good X
good Y
good Z
total
Exports and Imports of Intra-Industry Trade
$33
$56
$100
exports
$33+56+100
$44
$39
$11
$44+39+11
imports
Calculate country A's Intra-Industry trade index (the Grubel-Lloyt index) and put your answer in the
box below.
(Keep your answer in percentage with 2 decimals. For example, If you got 15.26%, fill in 15.26 in the
box below. Do NOT use 0.1526.)
Transcribed Image Text:Part II. Short Answer 3. Intra-Industry Trade Index Suppose that country A has only three categories of traded goods and that A's exports and imports in the three categories are as shown in the table below good X good Y good Z total Exports and Imports of Intra-Industry Trade $33 $56 $100 exports $33+56+100 $44 $39 $11 $44+39+11 imports Calculate country A's Intra-Industry trade index (the Grubel-Lloyt index) and put your answer in the box below. (Keep your answer in percentage with 2 decimals. For example, If you got 15.26%, fill in 15.26 in the box below. Do NOT use 0.1526.)
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