Week 7: Seminar exercises - Trade and imperfect competition 2:
What is the concept of intra-industry trade (IIT)? Make sure you are clear on this.
Using TradeSift calculate the IIT over all the years, for the following 4-digit product: 2203, 2601,
Week 12: Vertical Fragmentation
Consider the literature on the vertical fragmentation of production.
1. Can the rise in vertical fragmentation be explained by traditional trade theory, and if so how?
What is vertical fragmentation: cutting up of the suppl
Week 4: Trade and distribution of gains:
1. Look at the diagram below which shows the change in the share of exports of the top 5 HS 2digit sectors which China exported in 2011, over the period 1996-2011. What does this suggest
to you about the distributi