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INTRA-INDUSTRY TRADEDifferent types of trade are captured in measurements of intra-industry trade:a) Trade in similar products (horizontal trade) with differentiated varieties (e.g. cars of a similar class and price ra [..]
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INTRA-INDUSTRY TRADETrade in which a country exports and imports in the same industry, in contrast to interindustry trade. Ubiquitous in the data, much IIT is due to aggregation. Can be horizontal or vertical. Grubel and [..]
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