What is the Grubel Lloyd index, the index that is used to measure the level of intra industry
trade? Country A exports $6billion of perfumes, and the imports of perfumes in Country B
is equal to the value of S2 billion.
a) 0.75
b) 0.10
C) 0.5
d) 0.66
Answers
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3
Answer:
0.10
Explanation:
10
5 ( 6. )
- 5
____
1. 0
1 0
_____
0. answer - 0.10
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