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Before the trade agreement: After the trade agreement The Size of Economies A, 8

ID: 1131581 • Letter: B

Question

Before the trade agreement: After the trade agreement The Size of Economies A, 8, and C and the Value of their Trade with D The Size of Economies A B, and C and the Value of ther Trade with D %Of Group ABC's GDP %ofGroup ABC's GOP One use to which a gravity model can be put is as an assessment tool of the effectiveness of a trade agreement The figures above summarize data for a group of hypothetical countries According to the figure on the left, trade prior to any agreement among the countries is Suppose that countries D and B reach a trade pact that substantially lowers trade impediments between them Acoording to the figure on the right, the agreemen OA, effective. with predictions from the gravity model consisiet O B. helpful to A and C D. No clear assessment is possible. nconsistent O C. inefective Click to select your answer

Explanation / Answer

Dear student,

The answer is ''inconsistent''.

For the second question, I cannot read the complete sentence due to which I am not sure about the answer. Sorry.

If possible, kindly repost the question.

I hope that helps. Thank you :)

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