What Is the Value of the Intra-Industry Trade Index for an Industry

question 94

Multiple Choice

What is the value of the intra-industry trade index for an industry in which exports are $100 million and imports are $100 million?

• A) 100/200 = 0.50
• B) (100 + 100)/100 = 2.00
• C) 100/[1/2 · (100 + 100)] = 1.00
• D) (100 - 100)/100 = 0.00

---

Definitions:

Industry

A sector of the economy that is concerned with the production and manufacturing of goods or the provision of services.

IaaS

Infrastructure as a Service is a cloud computing model that provides virtualized computing resources over the internet, allowing users to run, and manage applications without the need to maintain physical servers.

Remotely Accessible

Describes a system or device that can be accessed or controlled from a remote location via the internet.

Pay-Per-Usage

A pricing model where customers are billed based on their actual usage of a service or product, rather than a flat fee.