(This Question Pertains to Material in Appendix C Country A's "Index of Intra-Industry Trade Has a Value of Following

question 30

Multiple Choice

(This question pertains to material in Appendix C.)
Given the following information on the exports of country A in 2009, and assuming that Goods X and Y are the only goods in country A's trade sector:
$\begin{array}{ccc}&\underline{\text { exports }}& \underline{\text { imports }}\\\operatorname{good} \mathrm{X} & \$ 600 & \$ \\ \text { good Y } & 400 & 800 \\\\\text { tota } & \$ 1,000 & \$ 800 \\\end{array}$

Country A's "index of intra-industry trade has a value of __________.

• A) 0.4
• B) 0.6
• C) 1.0
• D) 200

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Definitions:

Sharing Values

Sharing values denotes the practice of conveying and aligning beliefs and principles among members within an organization or community.

Common Goal

A shared objective or aim that unites members of a group or team, encouraging collaborative effort.

High Failure Rate

The condition where a significant percentage of attempts or endeavors (such as projects, products, or businesses) do not meet expected success criteria within a certain timeframe.

Organization

A structured group of people who work together to achieve a particular goal or set of goals.