Answer the following questions with specific explanations

Question 8 In 2017 the value of iron ore Russia exported was $1.63 billion, and the value of imports was $502 million. Find the index of intra-industry trade O 0.62 O 0.94 O 0.24 O 0.47 Question 9 What are the distributional effects of trade liberalization in the model of monopolistic competition O High skilled workers gain, low skilled workers lose O Capital owners win, workers lose The model of monopolistic competition abstracts from distributional issues O Workers win, capital owners lose Question 10 Choose the wrong statement about the predictions of the gravity model O Small countries tend to be more remote from each other than large countries O More distant countries tend to trade less O Large countries tend to trade more O International border has a large detrimental effect on trade volumes