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denis-greek [22]
2 years ago
6

As measured in 2008, about _________ of U.S. trade and ________ of European trade is intra-industry trade.

Business
1 answer:
Natalija [7]2 years ago
7 0

Based on information available, as measured in 2008, about 60 percent of U.S. trade and 60 percent of European business is intra-industry trade.

<h3>What is intra-industry trade?</h3>

The intra-industry trade is a term used in describing the commercial activities that involve the exchange of related products about the same industry.

The intra-industry trade is common in international markets where related features are exchanged between countries.

Based on the information released in 2008, the intra-industry trade takes a massive part of the USA and Europe trade, with 60 percent each.

Hence, in this case, it is concluded that intra-industry trade is a common phenomenon in the international market.

Learn more about Intra-industry trade here: brainly.com/question/8495793

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A supplier charges 15% interest on past-due amounts. Interest on a $512 account is $10.52. For how many days must the count have
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For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days

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3 years ago
Suppose that the # of Employed = 160 million, # of Unemployed = 10 million, and the Adult Civilian Population = 250 million. In
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labor force participation rate = 68%

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