International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

THE INTRA-INDUSTRY STRUCTURE OF THE UNITED STATES’ INTERNATIONAL TRADE WITH CHOOSEN INDUSTRIALIZED AND DEVELOPING NATIONS
Adolfo Benavides

Abstract
This paper uses three-digit Standard International Trade Classification (SITC) 2008 data for 262 commodity groupings and employs the Grubel-Lloyd methodological approach to calculate the ’ individual inter and intra-industry trade indexes for commerce between the United States and a group of twenty four countries divided equally between industrialized and developing nations. These trade coefficients, weighted according to each nation’s volume of trade with U.S., yield the Grubel-Lloyd indexes for the two categories of countries and serve as the basis for distinguishing the patterns of international trade of the United States in various specific industries and for supporting free trade policies as a means of enhancing consumer welfare and the economic development aspirations of lower income nations.

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