The predictive power of t

The predictive power of t

The predictive power of the Hechscher-Ohlin model, at least in terms of forecasting the volume of trade, appears to undergo improement upon abandonment of the assumpton…a. that technologies vary across countriesb. that technologies are the same across countriesc. that trading goods os an indirect way of trading factorsd. of 2 countries, 2 factors, and 2 goods

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