The Gravity Equation Is Used to Predict

question 121

Multiple Choice

The gravity equation is used to predict:

• A) the level of bilateral trade.
• B) the level of intra-industry trade.
• C) the weight of exports plus imports.
• D) the level of inter-industry trade.

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Definitions:

Communication Competency

The ability to effectively convey, receive, and interpret messages in interpersonal and group settings, using both verbal and nonverbal methods.

Intuit

To understand or know something by instinct, without the need for conscious reasoning.

Motivator-Hygiene Model

A theory proposed by Frederick Herzberg that suggests job satisfaction and dissatisfaction arise from two distinct sets of factors: motivators that lead to satisfaction and hygiene factors that, if not present, lead to dissatisfaction.

Comparison

The act of evaluating two or more items to identify similarities and differences.