Which of the following is (are) factors affecting the constant in gravity equation estimates?
I. tariffs and quotas
II. customs' issues and finance and currency issues III. administrative barriers to trade
a. I
b. II
c. III
d. I, II, and III
Ans: d. I, II, and III
Economics
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a. Federal Investment Corporation of America. b. Federal Income Contributions to Americans. c. Funding from Individuals and Corporations in America. d. Federal Insurance Contributions Act.
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The cost or benefit of a market activity borne by a third party is
A. A government directive. B. An externality. C. Black-market economic activity. D. A monopoly.
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