According to the Text,most Economists Prefer the Heckscher-Ohlin Theory to Ricardo's

question 28

Multiple Choice

According to the text,most economists prefer the Heckscher-Ohlin theory to Ricardo's theory because:

• A)it makes fewer simplifying assumptions.
• B)it predicts real-world international trade patterns with greater accuracy.
• C)Ricardo's theory is less accurate due to the Leontief paradox.
• D)Ricardo's theory is too complicated to be applied to real-world scenarios.

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