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Business, 02.09.2019 17:10 isaiyt

Which of the following is true of the heckscher-ohlin theory? multiple choice
a. it argues that it is in a country’s best interests to maintain a trade surplus.
b. it is a good predictor of real-world international trade patterns. viewed from an asian or european perspective, its main argument seems ethnocentric and increasingly dated.
c. it argues that the pattern of international trade is determined by differences in factor endowments.
d. it makes more simplifying assumptions than the theory of comparative advantage.

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Which of the following is true of the heckscher-ohlin theory? multiple choice
a. it argues t...
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