How Does the Law of Universal Gravitation Explain International Trade and Migration?
Saipnazarov Shaylovbek Aktamovich; Khodjabaeva Dilbar; Sultanmuratova Dilrabo Shaylavbekovna
This article discusses the economic analogue of the Law of Universal Gravitation discovered by Isaac Newton — the Economic Gravity Model. The theoretical foundations of the model and its role in international trade, foreign direct investment, and ...