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Orthodox Models of International Trade, Like the Heckscher-Ohlin Model, Suggest

Question 1

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Orthodox models of international trade, like the Heckscher-Ohlin model, suggest that international trade:


A) makes world incomes less equal.
B) reduces disparities and makes incomes across countries more equal.
C) has no effect on income distribution.
D) equalizes incomes at low levels of economic development but increases income disparities across wealthy countries.

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