The Difference Between the Heckscher-Ohlin Theory of Trade and the Ricardian

question 1

True/False

The difference between the Heckscher-Ohlin theory of trade and the Ricardian model is that the former assumes that an economy produces only two goods.

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The concept that cognitive biases and organizational pressures lead individuals to engage in actions that are unethical without fully realizing their wrongdoing.

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