The Index of Intra-Industry Trade Is Calculated As

question 64

Multiple Choice

The index of intra-industry trade is calculated as:

• A) the minimum of imports and exports divided by the average of imports and exports.
• B) the maximum of imports and exports divided by the sum of imports and exports.
• C) imports divided by exports.
• D) imports plus exports divided by the average of imports and exports.

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Definitions:

Membership Credentials

Documents or identifications that prove one's membership or qualifications within a specific group or profession.

Intergroup Relations

Interactions and behaviors between members of different groups, which are influenced by social norms, stereotypes, and prejudice.

Autocratically

Pertains to a ruling or decision-making style characterized by unilateral decision-making and centralized authority, often without input or consent from others.

Rhetoric

The art of effective or persuasive speaking or writing, often utilized in argumentation or to influence the attitudes or behaviors of others.