Which of the Following Is the Formula for the Intra-Industry $1-|X-M|$

question 37

Multiple Choice

Which of the following is the formula for the intra-industry trade (IIT) share in a product's total trade?

• A) \( 1-|X-M| \)
• B) \( 1-(X+M) \)
• C) \( 1-[|\mathrm{X}-\mathrm{M}| /(\mathrm{X}+\mathrm{M})] \)
• D) \( 1-[|\mathrm{X}+\mathrm{M}| /(\mathrm{X}-\mathrm{M})] \)

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