Economics · International Trade Theories
According to the Heckscher-Ohlin theory, international trade takes place because of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Different currencies
- 2Differences in cost of production
- 3Differences in tastes
- 4Differences in factor endowments✓
Correct answer
Differences in factor endowments
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