Multiple Choice
The gravity model explains why
A) trade between Sweden and Germany exceeds that between Sweden and Spain.
B) countries with oil reserves tend to export oil.
C) capital rich countries export capital intensive products.
D) intra-industry trade is relatively more important than other forms of trade between neighboring countries.
E) European countries rely most often on natural resources.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: According to the gravity model, a characteristic
Q4: In the current Post-Industrial economy, international trade
Q5: Approximately what percent of all world production
Q6: The gravity model offers a logical explanation
Q7: In the present, most of the exports
Q9: In the past half century, the developing
Q10: In the early 20th century, the United
Q11: Since the early 1970s, world's trade as
Q12: The Services sector has been steadily rising
Q13: Which of the following does NOT explain