A Theory Developed by Eli Heckscher and Bertil Ohlin at the Stockholm

question 129

True/False

A theory developed by Eli Heckscher and Bertil Ohlin at the Stockholm School of Economics suggests that differences in resource endowments will make developed countries more likely to trade with developed countries whose resource endowments are likely to be very similar,than with developing countries whose endowments are dissimilar.

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