One of the principle uses of gravity models is the identification of anom trade. The figure to the right summarizes 2006 data (Source: CIA World Facts seven Central American economies and their trade with the United Sta Legend B CR ES G Belize Costa Rica H Honduras N Nicaragua P. Panama El Salvador Guatemala Based on this figure, anomalies in trade appear most evident for A Belize, Honduras, El Salvador, and Costa Rica. B. Belize. OC. Panama and Guatemala. OD. No anomalies are evident.

One of the principle uses of gravity models is the identification of anom trade. The figure to the right summarizes 2006 data (Source: CIA World Facts seven Central American economies and their trade with the United Sta Legend B CR ES G Belize Costa Rica H Honduras N Nicaragua P. Panama El Salvador Guatemala Based on this figure, anomalies in trade appear most evident for A Belize, Honduras, El Salvador, and Costa Rica. B. Belize. OC. Panama and Guatemala. OD. No anomalies are evident.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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