Explore BrainMass
Share

Explore BrainMass

    Intra-industry Trade: Importing and Exporting Behavior

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Intra-industry trade involves countries exporting and importing the same or very similar goods. Why would countries export and import the same or similar products?

    © BrainMass Inc. brainmass.com October 10, 2019, 8:33 am ad1c9bdddf
    https://brainmass.com/economics/globalization/intra-industry-trade-importing-exporting-behavior-644762

    Solution Preview

    There are several reasons countries might export and import the same or similar products. One important point is that slight differences between products can create the variety that consumers are looking for. Take for instance, the automobile industry. Even though America has three major automobile manufacturers that can ...

    Solution Summary

    We examine intra-industry trade involving countries exporting and importing the same or very similar goods. We explain why countries export and import the same or similar products.

    $2.19