vas X the greater percentage of trade in that good is intra-industry. O the higher the gains from trade. O the more we should be concerned about job loss and outsourcing. O the lower total trade is for other products. Question 30 Which of the following is the gravity equation calculation? O the product of the land mass of the two nations divided by the average of their GDPs affecting trade O the inverse of the average GDPs times transportation costs O the sum of GDPs times total exports O the product of the GDPs in two nations divided by a measure of the distance between affecting trade Question 31 Figure: Consumer Surplus Price| Consumer surplus, CS