China is not an important market for other nations' exports

Indicate whether the statement is true or false

FALSE

Economics

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Economist Jan Tinbergen developed a formula, called ______, to predict which nations would engage in bilateral trade.

a. the trade deficit equation b. the index of equality c. the Tinbergen ratio d. the gravity equation of trade

Economics

"If it were not for the law of diminishing marginal returns, the world's wheat could be grown in a flower pot." Explain

Economics