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Question: problem 1 the following table contains information on two hypothetical...

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Problem 1: The following table contains information on two hypothetical nations, Ravenia and Bengalia, that exist as part of a larger h Use the information provided to compute the openness measure for each country. (Show your avast). Country Exports Ravenia 128 Bengalia43 GDP Openness Measure Imports 94 42 148 20 Based on you calculations, you can conclude that Ravenia is relatively more or less open than Bengalia?

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