Heckscher-Ohlin theory begins where the Ricardian theory of international trade ends. Discuss.
The Heckscher-Ohlin theory represents a significant advancement beyond the Ricardian theory of international trade by introducing additional dimensions and assumptions. While the Ricardian model primarily focuses on differences in technology and productivity as the basis for comparative ________ _________ _________ _____ ____ ______ ______ ________ ___ __________ _____ ______.
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