From empirical studies,we conclude that the H-O theory:
A)must be rejected
B)must be accepted without reservations
C)can be accepted while awaiting further testing
D)explains all international trade

Question

Quizplus · Accepted Answer

Empirical studies have shown that the H-O theory can explain some but not all aspects of international trade. Therefore, it can be accepted while awaiting further testing and refinement.

From Empirical Studies,we Conclude That the H-O Theory