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please answer in max 1hr Question 2: Design a Gravity style specification for export flows where you are particularly interested in examining: a) the existence

please answer in max 1hr

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Question 2: Design a Gravity style specification for export flows where you are particularly interested in examining: a) the existence of a common border, b) the effect of a bilateral trade agreement, and c) the impact of the exchange rate regime How might you capture the effect of these variables? What is the likely impact of these variables? Explain ALL the terms in your specification. (15 marks)

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