One of the principle uses of gravity models is the identification of anom trade. The figure to the right summarizes 2006 data (Source: CIA World Facts seven Central American economies and their trade with the United Sta Legend B CR ES G Belize Costa Rica H Honduras N Nicaragua P. Panama El Salvador Guatemala Based on this figure, anomalies in trade appear most evident for A Belize, Honduras, El Salvador, and Costa Rica. B. Belize. OC. Panama and Guatemala. OD. No anomalies are evident.

One of the principle uses of gravity models is the identification of anom trade. The figure to the right summarizes 2006 data (Source: CIA World Facts seven Central American economies and their trade with the United Sta Legend B CR ES G Belize Costa Rica H Honduras N Nicaragua P. Panama El Salvador Guatemala Based on this figure, anomalies in trade appear most evident for A Belize, Honduras, El Salvador, and Costa Rica. B. Belize. OC. Panama and Guatemala. OD. No anomalies are evident.

Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781305971509

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains Rrom Trade

Section: Chapter Questions

Problem 9PA

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