Discuss the propositions of the modern theories of international trade.
Discuss the determinants of the success and failure of a firm's exports around the globe.
Discuss the political arguments against free trade.
Identify the strengths and influences of the classical theories of international trade.

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Modern Theories of International Trade 1 HeckscherOhlin Model Proposition Countries export goods that intensively use their abundant factors of production Explanation This model emphasizes factor endo... View the full answer