Question: Because it makes fewer simplifying assumptions, and it has been subjected to many empirical tests, most economists prefer the Heckscher - Ohlin theory to Ricardo's
Because it makes fewer simplifying assumptions, and it has been subjected to many empirical tests, most economists prefer the HeckscherOhlin theory to Ricardo's theory.
Question Answer
a
true
b
false
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
