5.4. China & Viet Nam are competing economies
{"Image DocumentName": "5.4. China & Viet Nam are competing economies", "Image ImageDescription": "Trade indicators. Revealed symmetric comparative advantage index. Intra-industry trade index. Trade specialization index. Bilateral trade intensity index. Trade complementarity index. We argue that an increased index of revealed symmetric comparative advantage is a basic indicator determining whether the two economies compete against or complement each other. For example, two economies that export similar products to the same markets are considered as competing economies even if their bilateral trade is increasing. They claim that an increased index of bilateral trade in a developing economy is usually caused by rises in export of raw materials or unprocessed products. On the other hand, a similar increase in a developed economy usually originates from exports competing against products from developing economies. Thus, the two economies in question are by nature competing regardless of their increased bilateral trade intensity, trade specialization, intra-industry trade, or inter-industry trade.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}