-) after coivd 19, reshoring is emphasized by ome politician. which type of trade will be host heavily affected by reshoring, and why?
-) after coivd 19, reshoring is emphasized by ome politician. which type of trade will be host heavily affected by reshoring, and why?
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![a) explain the impacts of COVID19 on the
volume of international trade using Gravity
Model focusing on the institutional
transaction cost and physical transaction cost
b) after coivd 19, reshoring is emphasized by
some politician. which type of trade will be
most heavily affected by reshoring, and why?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F42ae618c-ada2-4e6d-b5fa-1d19dae7273f%2F31585d25-3e52-4fef-ab40-02d3f3f6c49f%2Fcdccl4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:a) explain the impacts of COVID19 on the
volume of international trade using Gravity
Model focusing on the institutional
transaction cost and physical transaction cost
b) after coivd 19, reshoring is emphasized by
some politician. which type of trade will be
most heavily affected by reshoring, and why?
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