Consider a hypothetical example of trade between the united

Reference no: EM13750216

Consider a hypothetical example of trade between the United States (a developed country) and Brazil (a developing country) is as follow
U.S. Exports ($b) to Brazil U.S. Imports ($b) from Brazil
Lotion & Powder 80 65
Perfume 70 120
Fragrance 100 70

Find:
a. the total trade ( TT) between the US and Brazil
b. the net trade (NT)
c. the intra industry trade (IIT)
d. the intra industry trade share

Reference no: EM13750216

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Consider a hypothetical example of trade between the united : Consider a hypothetical example of trade between the United States (a developed country) and Brazil (a developing country) is as followU.S. Exports ($b) to Brazil U.S. Imports ($b) from BrazilLotion & Powder 80 65Perfume 70 120

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