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Refer to the gravity equation, and the figure below (whichshows the relationship between the size of European economies, Mexico, and Canada (as percentage of EU
Refer to the gravity equation, and the figure below (whichshows the relationship between the size of European economies, Mexico, and Canada (as percentage of EU GDP) and its share of trade with the US trade (also as a percentage of total EU trade with the US) in 2012),explain why the US trades more with Germany than other EU countries, and more with Mexico and Canada than the EU.
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