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Which of the following statements is most true? Part 2 A. Empirical tests of the HO theory have clearly been successful. B. Empirical tests of

Which of the following statements is most true? Part 2 A. Empirical tests of the HO theory have clearly been successful. B. Empirical tests of the HO theory have clearly failed. C. Resource endowments matter and wholly explain patterns of trade. D. Despite the difficulties in measuring factor endowments, most economists start their explanation of trade patterns with factor endowments

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