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Explain Why the Gravity Equation for U

question 91

Essay

Explain why the gravity equation for U.S and European trade
may be higher than the gravity equation for U.S.and Canadian
trade even though that the U.S.and Canada share a border.


Definitions:

Treaty Agreements

Formal and legally binding agreements between two or more sovereign states pertaining to peace, trade, alliances, or other international relations.

Trade Patterns

The trends and behaviors in the exchange of goods and services across different regions and countries.

Duke's Laws

A set of legal codes established in 1665 by the English Duke of York to govern the recently captured New Netherlands, now New York.

Dutch Residents

Individuals residing in the Netherlands, a country in Western Europe known for its flat landscape, canals, tulip fields, windmills, and cycling routes.

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