In Regressing GDP on Openness,a Potential Solution to the Simultaneity

question 6

Multiple Choice

In regressing GDP on openness,a potential solution to the simultaneity problem is to

• A) use geographical proximity to foreign markets to predict trade flows
• B) use tariffs as an inverse measure of openness
• C) run a limited-dependent variables regression
• D) exclude financial reform as an independent variable
• E) lag the dependent variable

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Definitions:

Single Step

A debugging process that executes code one line at a time, allowing the user to inspect the program's behavior at each point.

Execute

To run a program or command, causing the computer to perform specific instructions or operations.

Single Step

A debugging process that executes one line of code at a time, allowing developers to inspect and analyze the execution flow in detail.

Expressions

Combinations of symbols and operators that the software interprets and computes to produce another value.