The Gravity Model Offers a Logical Explanation for the Fact

question 14

Multiple Choice

The gravity model offers a logical explanation for the fact that

• A)Intra- European Union trade exceeds international trade by the European Union.
• B)trade between Asia and the U.S.has grown faster than NAFTA trade.
• C)trade in services has grown faster than trade in goods.
• D)the U.S.trades more with Western Europe than it does with Canada.
• E)trade in manufactures has grown faster than in agricultural products.

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Definitions:

Short-Run World Demand

Refers to the total quantity of a good or service that is demanded globally over a short period of time, with at least one factor of production held constant.

Citric Acid Cycle

Series of chemical reactions in which citric acid is converted into oxaloacetic acid, carbon dioxide is formed, and energy is released. The oxaloacetic acid can combine with acetyl-CoA to form citric acid and restart the cycle. The energy released is used to form NADH, FADH2, and ATP.

Electron-Transport Chain

Series of electron carriers in the inner mitochondrial membrane; they receive electrons from NADH and FADH2, using the electrons in the formation of ATP and water.

Glycolysis

Glycolysis is a series of enzymatic reactions that break down glucose into pyruvate, producing energy in the form of ATP, and occurs in the cytoplasm of cells.