Why you think heckscher ohlin model would work better


Problem

i. Using Examples, give five criticisms labeled at both the general agreement on tariff and trade (GATT) and world trade organization (WTO) by developing countries.

ii. Explain briefly (and try to provide examples) why you think Heckscher Ohlin (H-O) model would work better in Kenyan cross border transactions compared to Ricardian comparative advantage model.

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Macroeconomics: Why you think heckscher ohlin model would work better
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