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Intra-industry trade refers to the exchange of similar products belonging to the same industry. The term is usually applied to international trade , where the same types of goods or services are both imported and exported.
If GL i = 1, there is a good level of intra-industry trade. This means for example the Country in consideration Exports the same quantity of good i as much as it Imports. Conversely, if GL i = 0, there is no intra-industry trade at all.
Marginal Intra-Industry Trade, a concept originating in international economics, refers to the degree to which the change in a country's exports over a certain period of time are essentially of the same products as its change in imports over the same period.
Intra-industry trade; Gravity model of trade; Ricardian trade theories; Balassa–Samuelson effect; ... Terms of trade; International trade is the exchange of capital
New trade theory (NTT) is a ... The resulting intra-industry reallocations of market shares and productive resources are much more pronounced than inter-industry ...
For example, a $40 toaster oven would retail for $48 to $52 after the tariffs, while a $50 pair of running shoes would jump to to $59 to $64, according to the industry trade group.
New Trade theorists challenge the assumption of diminishing returns to scale, and some argue that using protectionist measures to build up a huge industrial base in certain industries would then allow those sectors to dominate the world market via a network effect. See also Intra-industry trade.
From June 2010 to December 2012, if you bought shares in companies when Donald R. Chappel joined the board, and sold them when he left, you would have a -79.6 percent return on your investment, compared to a 32.8 percent return from the S&P 500.