GRAVITY MODEL OF TRADE learnoikonomia internationaleconomics gravitymodel economicconcepts

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The gravity equation in international trade states that bilateral exports are proportional to economic size and inversely proportional to geo- graphic distance. While the role of size is well understood, that of dis- tance remains mysterious. • • #economicconcepts #gravitymodel #gravityequation • • Google Playstore : https://play.google.com/store/apps/de... • IOS App Store : https://apps.apple.com/in/app/myinsti... • ( ORG CODE : RIUDL ) • Telegram Group : https://t.me/Learnoikonomiadiscussion... • Telegram Channel : https://t.me/LearnOikonomia • YouTube channel :    / learnoikonomia  

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