Both the classical and the HO model predict that the pattern of trade is determined largely by international differences in factor endowments.

Name: Both the classical and the HO model predict that the pattern of trade is determined largely by international differences in factor endowments.
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The Answer of Both the classical and the HO model predict that the pattern of trade is determined largely by international differences in factor endowments.

Both the Classical and the HO Model Predict That the Pattern