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
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