Suppose the Amount of Exports of Textile Machinery from Italy

question 22

Multiple Choice

Suppose the amount of exports of textile machinery from Italy to the rest of the world equals 60 billion tons. The amount of imports of textile machinery into Italy from the rest of the world is 40 billion tons. Therefore, the intra-industry trade share for machinery is:

• A)0.2.
• B)0.8.
• C)1.5.
• D)0.67.

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Definitions:

Annual Interest Rate

The Annual Interest Rate is the percentage of interest that is charged or earned on an investment, loan, or savings account over the span of a year.

Investment

The allocation of resources, such as capital, time, or assets, with the expectation of generating an income or profit.

Annual Interest

The amount of interest due over a one-year period, either earned on investments or paid on borrowed funds.

Investment Period

The duration for which funds are held in an investment before being withdrawn.