Topic: Module 6 Discussion— Gravity Model
Read the following reading Ottaviano G. I. P and. D. Puga (1997) “Agglomeration in the global economy: A Survey of The New Economic Geography”, Centre for Economic Performance. Discussion Paper No. 356 indicates the role of geography in international trade.
Your post should use the comparative advantage and economies of scale models; in other words, does geography complement the above models, or does it alter your conclusions?
Emphasize the assumptions, specialization, and welfare of trade.
Contribute a minimum of 700 words for your initial post. It should include at least 3 academic sources, formatted, and cited in APA.
Respond to at least two of your classmates’ discussion posts
Prepare a discussion post that use the comparative advantage and economies of scale models; in other words, does geography complement the above models, or does it alter your conclusions?
