Question: 3 ) The gravity model explains why A) trade between Sweden and Germany exceeds that between Sweden and Spain. B) countries with oil reserves tend

3) 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.

Answer:

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