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Intra-industry trade refers to the exchange of similar products belonging to the same industry.

Select a country and by using the most recent year's data for which data are available.


1- Document two product category of intra-industry trade between your selected country and the five countries that are the largest trade partners. 2- Calculate intra-industry trade (IIT) each product category using the formula in the text.

3- Calculate intra-industry trade share of one individual product in each product category using the formula in the text.

4- Explain the degree of intra-industry trade of selected individual product in each category (in another word, how much is intra-industry trade of selected individual product) in selected country.


Sources that can be used:

-Slide 8 and 9 for formula

- Selected Country's Trade Statistics

- Major Trade partner's (Five Country) Trade Statistics

- https://www.youtube.com/watch?v=DUmgU_F3Imk (this video help how to explain the calculation)

Image transcription text

Measuring Intra-Industry Trade HT is the part of total trade in the product (exports plus imports) that is not net trade. (IIT)=(X+M)— |X—M| where X is the value of exports and M is the value of imports of the product. Intra—industry trade for a product is equivalent to twice the value of the smaller of exports or imports.

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Image transcription text

How Important is Intra-Industry Trade? The relative importance of HT as a share of total trade in the product can be expressed as: m" _(X+M)—|X—MI_1_|X-M| IIT h r =— S a e Totaltrade (X+M) (X+M) HT is more important for trade in manufactured products than it is for trade in agricultural products.

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Answer & Explanation
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