Which of the following is the gravity equation calculation?
A) the inverse of the average GDPs times transportation costs
B) the sum of GDPs times total exports
C) the product of the GDPs in two nations divided by a measure of the distance between them times a constant, reflecting other
Factors affecting trade
D) the product of the land mass of the two nations divided by the average of their GDPs times a constant factor, reflecting
Other factors affecting trade
Correct Answer:
Verified
Q96: If the index of intraindustry trade is
Q97: When imports and exports for the same
Q98: Studies of NAFTA have concluded that free
Q99: U.S.Trade Adjustment Assistance:
A)is not available to workers
Q100: U.S.unemployment as a result of freetrade agreements
Q102: The higher the value for the index
Q103: Other things equal, the gravity equation predicts
Q104: What do tests of the gravity equation
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents