Tests of the Heckscher-Ohlin model by Bowen,Leamer,and Sveikauskas and by Maskus continue to
A)provide strong support for the theory.
B)provide weak support for the theory.
C)provide evidence against the theory.

Question

Quizplus · Accepted Answer

Empirical tests by Bowen, Leamer, Sveikauskas, and Maskus have generally found that the Heckscher-Ohlin model does not consistently predict trade patterns as expected, providing evidence against the theory.

Tests of the Heckscher-Ohlin Model by Bowen,Leamer,and Sveikauskas and by Maskus