trade complementarity index

Definition

Economics

• A measure of the extent to which one of two countries, j, exports what the other, k, imports. Defined as TC_jk = 100 – S_i( | m_ik – x_ij | / 2 ), where x_ij is the share of good i in all exports of country j and m_ik is the share of good i in all imports of country k.

Nearby Definitions of “trade complementarity index”

• Trade and Wages Debate
• trade balance ratio
• trade barrier
• trade bill
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• trade complementarity index
• trade cost puzzle
• trade counter
• trade credit
• trade defense measure
• trade deficit

Contexts for “trade complementarity index”

1 definition in context
• Economics