2. The gravity model is often used to not only explain trade between two countries, but also...
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2. The gravity model is often used to not only explain trade between two countries, but also to investigate the reasons why they don’t. Illustrate this anomaly with suitable examples and reasons.
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International Finance Theory And Policy
ISBN: 9781292019550
10th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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