Which of the following does not help in explaining the inadequacies of the Heckscher-Ohlin model in explaining basis for international trade ?

Question

Quizplus · Accepted Answer

Leontief's Paradox is actually a criticism of the Heckscher-Ohlin model, and it provides evidence against the model's predictions about factor abundance and trade patterns. Therefore, it cannot be an explanation for the inadequacies of the model. Options A, B, and C are all factors that the Heckscher-Ohlin model did not take into account, which led to its limitations in explaining the basis for international trade.

Which of the Following Does Not Help in Explaining the Inadequacies