ProductABCDEExportsIIT share for product B =IIT share for product C =IIT share for product D =IIT share for product E =963234533425535675Imports1438095946135675Please calculate the IIT shares for each of the products in the table above and fill in the blanks below:IIT share for product A =

IIT stands for intra-industry trade. IIT shares in product's total trade = 1 - [(X-M) / (X+M)]…

Please calculate the IIT shares for each of the products in the table above and fill in the blanks below: IIT share for product A = IIT share for product B = IIT share for product C = IIT share for product D = IT share for product E =

Please calculate the IIT shares for each of the products in the table above and fill in the blanks below: IIT share for product A = IIT share for product B = IIT share for product C = IIT share for product D = IT share for product E =

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Product
A
B
C
D
E
Exports
IIT share for product B =
IIT share for product C =
IIT share for product D =
IIT share for product E =
963
2345
334
255
35675
Imports
1438
0
959
461
35675
Please calculate the IIT shares for each of the products in the table above and fill in the blanks below:
IIT share for product A =

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