Which of the following two elements are both central to "gravity" models of international trade?
A) Countries- latitudinal and longitudinal locations along the surface of the planet.
B) Countries- sizes and geographic distances separating them.
C) Depths of waterways and heights of surfaces along which international trade flows occur.
D) The relative weights that nations- residents place on physical goods versus intangible services when voting on trade policies.
Correct Answer:
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