Question: 9. Gravity Model (5 Points) Use the following expression for the gravity model and the table's hypothetical data to answer the question below: T=.001x-
9. Gravity Model (5 Points) Use the following expression for the gravity model and the table's hypothetical data to answer the question below: T=.001x- YxY Du Country GDP Distance from Distance from Country 1 Country 2 Country 1 $40,000 200 km Country 2 $50,000 200 km What is the predicted volume of trade between Country I and Country 2?
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