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    International Economics Study Set 12
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    Exam 3: Sources of Comparative Advantage
  5. Question
    Both the Ricardo Model of Comparative Advantage and the Heckscher-Ohlin
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Both the Ricardo Model of Comparative Advantage and the Heckscher-Ohlin

Question 3

Question 3

True/False

Both the Ricardo model of comparative advantage and the Heckscher-Ohlin theory assert that trade patterns are largely the result of differences in endowments of factors of production.

Correct Answer:

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