Solution-Determine who trades most with whom and why

Determine who trades most with whom and why

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Reference no: EM13157893

a) Consider a South African citizen visiting New Zealand for the ongoing cricket ODI series. This individual buys an online ticket for the match from the website before leaving and watches the match live in Eden Park, Auckland. While there, he gets a call from his office to attend a business meeting the next working day before returning back to South Africa.

Based on this information, analyze the different modes of Trade in Services that would result from the transactions and activities of this individual.

b) Why are common borders and cultural similarities often an additional factor to determine who trades most with whom and why? Use your knowledge of the gravity model to justify your answer through two suitable examples.

Reference no: EM13157893

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Determine who trades most with whom and why

Reference no: EM13157893

Reference no: EM13157893

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