South Africa has significant levels of bilateral intra-industry trade (IIT) with Japan and the United States in the automotive industry, according to data from 2000 and 2007. IIT levels between South Africa and Japan rose from 0.116 to 0.749 over this period, while levels between South Africa and the United States remained stable between 0.506 and 0.571, revealing rising IIT in the automotive industry between South Africa and its trade partners Japan and the United States from 2000 to 2007.
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Intra industry trade between Japan and South Africa
South Africa has significant levels of bilateral intra-industry trade (IIT) with Japan and the United States in the automotive industry, according to data from 2000 and 2007. IIT levels between South Africa and Japan rose from 0.116 to 0.749 over this period, while levels between South Africa and the United States remained stable between 0.506 and 0.571, revealing rising IIT in the automotive industry between South Africa and its trade partners Japan and the United States from 2000 to 2007.
South Africa has significant levels of bilateral intra-industry trade (IIT) with Japan and the United States in the automotive industry, according to data from 2000 and 2007. IIT levels between South Africa and Japan rose from 0.116 to 0.749 over this period, while levels between South Africa and the United States remained stable between 0.506 and 0.571, revealing rising IIT in the automotive industry between South Africa and its trade partners Japan and the United States from 2000 to 2007.