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  • 15-04-2018
  • Business
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The potential use of a service at a location is related directly to population and inversely to distance in the

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LearnGrow
LearnGrow LearnGrow
  • 24-04-2018
The potential use of a service at a location is related directly to population and inversely to distance in the directly to population and inversely to distance.
This statement is according to the gravity model of international trade in international economics, which predicts bilateral trade flows based on the economic sizes, like population and distance in this example.
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