Question: Question 4 (25 Points) According to lesson seven, we expect to see intraindustry trade among countries with similar land-labor ratios and comparative advantages. Alternatively, we
Question 4 (25 Points)
According to lesson seven, we expect to see intraindustry trade among countries with similar land-labor ratios and comparative advantages. Alternatively, we expect to see interindustry trade among countries with different land-labor ratios and comparative advantages. Pick three countries that you would expect to engage in intraindustry trade with Canada, and three countries that you would expect to engage in a great deal of interindustry trade with Canada. Look at the data and see if your suspicions were correct.
[Data must be provided as evidence ]
Data:Use the Industry Canada 'Trade Data Online' page athttps://www.ic.gc.ca/app/scr/tdst/tdo/crtr.html.
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