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1a

According to the gravity model, what are the two most important factors that explain dilterenoes in the volume of trade between two countries? Select one alternative: O Free trade agreements and having multinational enterprises with subsidiaries in both countries. O Cultural affinity and sea access. O Distance between the countries and size of the countries. O Common borders and common language. According to the logic of collective action, why did US President Trump introduce import tariffs on steel and aluminum in 2018? Select one alternative: O Because individual consumers throughout the US face a small loss, while steel and aluminum producers benefit substantially. O Because a small fraction of US consumers loses, while all US producers benefit. O Because workers as well as companies throughout the US, but not abroad, benefit. O Because workers throughout the US benefit, while only steel and aluminum producers lose.The following cases are examples of economies of scale. Which one is a case of external economies of scale? Select one alternative: O Most of the global production of buttons takes place in Qiaotou. O Apple has its displays mainly made in Japan and some in South Korea. O None of the other answers is true. O H&M produces most of its products in Bangladesh and China