Ireland and Belgium have very similar trading patterns. Both trade considerably more with the United States than
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Ireland and Belgium have very similar trading patterns. Both trade considerably more with the United States than with the European Union (EU), even though they are EU members and are closer to the EU common market than the American market. Explain this anomaly using the gravity model.
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Related Book For
International Economics Theory And Policy
ISBN: 9781292409719
12th Edition
Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz
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