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Heckscher-Ohlin theroy suggests that factor endowments are a source of comparative advantage that leads to international trade. Pick a product that the US exports and
Heckscher-Ohlin theroy suggests that factor endowments are a source of comparative advantage that leads to international trade. Pick a product that the US exports and a product it imports. Explain how this theory may hold true in your example. How could the export-import activities be influenced by the US government's industrial policy.
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