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APPLYING GRAVITY MODEL TO ANALYZE TRADE …

APPLYING GRAVITY MODEL TO ANALYZE TRADE …

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about the determinants of trade pattern of a nation, Heckscher-Ohlin model predicts that a country will export products of which the production use abundant factors intensively and import products of which the production use scarce factors intensively. Obviously, the classical trade theory indicates that countries which are less similar tend to

  Model, Determinants, Trade, Applying, Export, Gravity, Analyze, Applying gravity model to analyze trade

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