The Gravity Model Suggests That Over Time

question 15

Multiple Choice

The gravity model suggests that over time

• A) trade between neighboring countries will increase.
• B) trade between all countries will increase.
• C) world trade will eventually be swallowed by a black hole.
• D) trade between Earth and other planets will become important.
• E) the value of trade between two countries will be proportional to the product of the two countries' GDP.

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Definitions:

Discrete

Refers to a type of quantitative variable that can assume a countable number of distinct values, often representing categories or counts.

Random Variable

A random phenomenon's numerical outcomes manifested in a variable.

Discrete Random

Refers to a type of random variable that can take on a countable number of distinct values, such as whole numbers, but not fractions.

Number Of Customers

The total count of individuals or entities that purchase or use a company's products or services.