Suppose someone stated that the heckscher-ohlin model is, Ask an Expert

Economics

Suppose someone stated that the Heckscher-Ohlin model is best-suited for explaining trade between developed countries and developing countries, while newer theories such as those of Linder and Krugman are best-suited for explaining trade among developed countries. Would you agree with this observation? Why or why not?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91567291

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