According to the textbook,most economists prefer the Heckscher-Ohlin theory to Ricardo's theory (i.e.comparative advantage)because of which of the following two factors?

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The Heckscher-Ohlin theory is preferred due to the fact that it makes fewer simplifying assumptions and has been subjected to many empirical tests, which has helped to provide extensive evidence of its validity. While Ricardo's theory is also widely recognized, it is considered less applicable to modern economies and trade patterns due to its reliance on a narrow range of assumptions. Therefore, the Heckscher-Ohlin theory is widely viewed as a better explanatory tool for economists studying international trade.

According to the Textbook,most Economists Prefer the Heckscher-Ohlin Theory to Ricardo's