Meaning INTRA-INDUSTRY TRADE
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INTRA-INDUSTRY TRADE


Different 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 [..]
Source: stats.oecd.org

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INTRA-INDUSTRY TRADE


Trade 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 [..]
Source: www-personal.umich.edu




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