What did the gravity equation predict about trade within the
Borders of a nation?
A) Trade between states or regions within a nation is much more likely than trade outside the borders.
B) Trade between states or regions within a nation is much less likely to occur.
C) There was no predictive value for trade within a nation's borders.
D) Trade between states or regions within a nation is more subject to national law and regulation and therefore not as
Predictable.
Correct Answer:
Verified
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A) trade.
B) tariffs.
C)
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