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More or less... Please consider that electric charges can be separated, while magnetic poles can not be separated. So, you basically always have a "magnetic dipole"; the electrical equivalent would be a positive charge, and an equivalent negative charge, separate by a small distance. The poles can't be separated; the magnets will attract each other in one orientation, and there will be repulsive forces in another orientation (i.e., if they are rotated).

The Wikipedia article - http://en.wikipedia.org/wiki/Force_between_magnets - states that "Calculating the attractive or repulsive force between two magnets is, in the general case, an extremely complex operation, as it depends on the shape, magnetization, orientation and separation of the magnets.".

However, at greater distances (compared to the size of the magnet), the force on an electric or magnetic dipole will decrease, approximately, with the CUBE of the distance.

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Q: Is there any law similar to coulomb's law of electrostatic that shows force between magnetic poles?
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