The ______ theories of international trade predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing, and unrestricted free trade encourages this specialization.

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26-03-2022
Business

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The ______ theories of international trade predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing, and unrestricted free trade encourages this specialization.

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ayfat23 ayfat23 · Answer 1 · 2022-04-01T13:24:39+02:00

Heckscher-Ohlin model theory predict that free trade allows countries to specialize in producing goods and services that they are most efficient at producing.

What is Heckscher-Ohlin model all about?

The Heckscher-Ohlin model theory can be regarded as one that explain that economic that countries do export what they can most efficiently and plentifully produce.

This theory explain that this production of theses goods aids specialization.

Learn more about theory at;

https://brainly.com/question/11555274