Question: Use the following expression for the gravity model and the table's hypothetical data to answer the questions below: Y XY; Tij = 0.001 Dij
Use the following expression for the gravity model and the table's hypothetical data to answer the questions below: Y XY; Tij = 0.001 Dij Country GDP Distance from: Alada Distance from: Belam Alada $25,000 100 km $15,000 100 km 200 km 100 km Belam Canson What is the predicted volume of trade between Alada and Belam? $(Enter your response as an integer.) If Canson has the same trading volume with Alada as does Belam, Canson's GDP must be $ (Enter your response as an integer.)
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