(Table: Distances and GDP) According to the gravity equation, which country should be the United States' smallest trade partner?
A) Germany
B) Norway
C) France
D) Sweden

Question

(Table: Distances and GDP) According to the gravity equation, which country should be the United States' smallest trade partner? 
A) Germany 
B) Norway 
C) France 
D) Sweden

Quizplus · Accepted Answer

According to the gravity equation, trade between two countries is inversely proportional to their distance and positively proportional to their GDP. Out of the given options, Norway is the closest to the United States, but has a relatively smaller GDP compared to the other options. Therefore, according to the gravity equation, Norway should be the United States' smallest trade partner.

(Table: Distances and GDP) According to the Gravity Equation, Which