Suppose that the following information represents the complete trade data for each country. Use these data and Equation to calculate values of IIT for each country.
|
|
Exports (S)
|
Imports (S)
|
|
Country A
|
|
|
|
Good X
|
10,000
|
5,000
|
|
Good Y
|
8,000
|
1,000
|
|
Good Z
|
0
|
12,000
|
|
Country B
|
|
|
|
Good R
|
5,000
|
0
|
|
Good 5'
|
400
|
6,000
|
|
Good T
|
1,600
|
1,000
|
|
Country C
|
|
|
|
Good M
|
2,000
|
1,800
|
|
Good N
|
1,000
|
1,500
|
|
Good 0
|
1,500
|
1,200
|