Question: The spreadsheet bilateral trade data 2001.xls records manufacturing trade between the United States and every other country, broken down into 374 industrial categories (all within

The spreadsheet "bilateral trade data 2001.xls" records manufacturing trade between the United States and every other country, broken down into 374 industrial categories (all within manufacturing). The "export" column lists exports to the partner country, and the "imports" column lists imports from that country. Choose a country (other than Canada or
Nigeria) and compute the fraction of manufacturing trade with that country that is intraindustry. Briefly analyze your finding. If you came up with a high number, comment on why it is so high; if it is low, comment on why it is so low. A couple of sentences should suffice. If you want to investigate the composition of trade to help in interpreting the data, you can look up the meaning of the industrial categories at www.osha.gov/pls/imis/sicsearch.html.

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