Investor Presentaiton

Survey of Literature. There is a wide range of applied research where the Gravity Model is used to examine the bilateral trade patterns and trade relationships. Bergstrand 1985 and 1989, • Oguledo and Macphee 1994 • Frankel 1997 Karemera et al. 1999 . Mathur 1999, and • Sharma and Chua 2000, ▸ The Gravity Model were all used by the above authors to determine the aggregate bilateral trade and the product level trade. ▸ Other areas such as trade costs, non-tariffs barriers, regional integration etc were covered by these authors.

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