Hi, I have already solved this Multiple Choice questions, Can anyone confirm me
ID: 1150520 • Letter: H
Question
Hi, I have already solved this Multiple Choice questions, Can anyone confirm me that are they correct. ( I have highlighted in yellow the correct answer)
2. (MC) In order to continue to benefit from a trade surplus in the low-wage sector, the Chinese government has decided for years (a) to propagate Asian free trade agreements. (b) to sell American government bonds. (c) to buy dollars, in order to depreciate their own currency on purpose. (d) to buy Western European and American companies to acquire know-how (e) to keep their own economic growth low (b) Global trade 1. (MC) The gravitational model for the determination of bilateral trade flows at a global leve (a) Development and technical progress (b) Size and distance (c) Membership in trading unions (d) Global link of largest companies in the country (e) Trade policy of the importing country l is primarily determined by: 2. (MC) The influence of secondary variables in the gravitational model in an empirical analysis (regression) can be determined by (a) dummy or binary variables. (b) nothing (c) approximations. (d) constant betas. (e) variables with a negative sign.Explanation / Answer
yes all these answers are right ..
starting with A LOGIC BEHIND this is when depericiation occure then exports are greater than imports
B and C through gravity model equations you can check
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