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According to the most basic economic trade models of Smith andRicardo, trade makes both countries better off. What does theHeckscher-Ohlin theory say about the benefits
According to the most basic economic trade models of Smith andRicardo, trade makes both countries better off. What does theHeckscher-Ohlin theory say about the benefits oftrade? Is it possible for someone to be worse off fromtrade? Why or whynot?
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