An investigation into the level of intra-industry trade between Canada and the United States, 1968-80 /
Trade in similar products or intra-industry trade results from scale economies and consumer preferences, rather than from conventional forces of comparative advantage. This paper attempts to quantify the importance of intra-industry exchange between Canada and the United States. The analysis deals p...
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Format: | Others |
Language: | en |
Published: |
McGill University
1992
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Online Access: | http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=60653 |
Summary: | Trade in similar products or intra-industry trade results from scale economies and consumer preferences, rather than from conventional forces of comparative advantage. This paper attempts to quantify the importance of intra-industry exchange between Canada and the United States. The analysis deals primarily with measurement, but an attempt to identify the determinants of the phenomenon is also made. === The results suggest that intra-industry trade represents a significant and increasing share of Canada's trade with the United States. Although part of this can be explained by idiosyncratic causes, the importance of two-way trade within manufacturing requires additional explanation. |
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