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What do tests of the gravity equation for trade between Canadian provinces and Amer- ican states...

What do tests of the gravity equation for trade between Canadian provinces and Amer- ican states indicate? (A) IndividualstateandindividualprovincialGDPsarenegativelyrelatedtotheamount of trade between individual states and provinces. (B) IndividualstateandindividualprovincialGDPsarepositivelyrelatedtotheamount of trade between individual states and provinces. (C) Individual state and individual lprovincial GDPs are not at all related to the amount of trade between individual states and provinces. (D) The gravity equation does not apply to U.S.-Canadian trade.

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Answer #1

The answer is: (C) Individual state and individual provincial GDPs are not at all related to the amount of trade between individual states and provinces.

The GDP is a relative measure of the wealth of the individual provinces. If provincial health expenditures are a function of the need for health care, one might expect the residents of poorer provinces to have poorer health status and require higher health care expenditures than provinces where the population is relatively more wealthy. On the other hand, if expenditures reflect the ability to spend, as with housing prices, we might expect provinces with greater wealth to have higher expenditures.

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