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What does the gravity model of trade suggest? A) Trade is inversely proportional to the distance between countries. B) only Gravitational forces affect international trade.
What does the gravity model of trade suggest? A) Trade is inversely proportional to the distance between countries. B) only Gravitational forces affect international trade. C) Trade is not affected by geographical distance. D) Smaller economies trade more than larger economies
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Microeconomics and Behavior
Authors: Robert Frank
9th edition
9780077723750, 78021693, 77723759, 978-0078021695
