Economics · International Trade Theories
The trade theory explaining pattern of international trade based on differences in relative factor endowments was developed by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1David Ricardo
- 2Adam Smith
- 3Eli Heckscher and Bertil Ohlin✓
- 4F. Y. Edgeworth
Correct answer
Eli Heckscher and Bertil Ohlin
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