The gravity model explains why
A) capital rich countries export capital intensive products.
B) countries with oil reserves tend to export oil.
C) European countries rely most often on natural resources.
D) intra- industry trade is relatively more important than other forms of trade between neighboring countries.
E) trade between Sweden and Germany exceeds that between Sweden and Spain.
Correct Answer:
Verified
Q3: We see that the Netherlands,Belgium,and Ireland trade
Q4: Why does the gravity model work?
A)Large economies
Q5: Which of the following does NOT explain
Q6: In the present,most of the exports from
Q7: The gravity model offers a logical explanation
Q9: In the current Post- Industrial economy,international trade
Q10: The two neighbors of the United States
Q11: Since the early 1970s,world's trade as a
Q12: Approximately what percent of all world production
Q13: In the early 20th century,the United Kingdom
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