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Reflect on: What are the implications of your IIT index calculations for the UK trade policy?

Step 1

IIT Index Calculation and Implications https://wits.worldbank.org/

1.1. Please collect total imports and total exports data for a particular year (e.g. 2019) to calculate IIT indices for (1) China and UK trade and (2) USA and UK trade. (Please note you can collect data on a sectoral/industry basis /use total imports/exports data for this activity ).

1.2 Present your calculations in a table.

Step 2

2.1. Carefully interpret and share your findings from step 1

Step 3
3.1 Reflect on: What are the implications of your IIT index calculations for the UK trade policy?

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