Your sentence is correctly stated. The it in question has nothing to do with proximity; that is the job of t his and that . [ You might let me know what the book is, as I am compiling a list of books that people have read three or more times.
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AnonymousI thought "it" doesn't refer to something near you.No. That's not true. "it" means "the ____", where the blank is filled with something you've already mentioned.