πŸ“Š International Marketing
Q. In its most basic form, the gravity model says that the most important factors that describe the amount of trade between countries are
  • (A) the cultural affinity between the countries and the existence or lack of a common language.
  • (B) the tariff barriers between the countries and the costs of transportation.
  • (C) differences in wages and technology between countries.
  • (D) the amount that the countries produce and the distance between them.
πŸ’¬ Discuss
βœ… Correct Answer: (D) the amount that the countries produce and the distance between them.

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