Multiple Choice
Which of the following is false?
A) International differences in tastes, if sufficiently large, could overturn the comparative advantage predictions of the HO model.
B) The classical and HO models make similar assumptions about international differences in technology.
C) The HO model predicts that some groups will be hurt by international trade.
D) Both the classical and the HO models predict that countries gain from international trade.
Correct Answer:
Verified
Correct Answer:
Verified
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