Because it makes fewer simplifying assumptions,and it has been subjected to many empirical tests,most economists prefer the Heckscher-Ohlin theory to Ricardo's theory.

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The statement is true. The Heckscher-Ohlin theory is preferred by most economists as it makes fewer assumptions and has been subjected to more empirical tests compared to Ricardo's theory.

Because It Makes Fewer Simplifying Assumptions,and It Has Been Subjected