Critically evaluate the strengths and weaknesses of the Heckscher-Ohlin model of international trade with particular emphasis on the Leontief paradox in the context of the USA data and recent global empirical evidence.

Critically evaluate the strengths and weaknesses of the Heckscher-Ohlin model of international trade with particular emphasis on the Leontief paradox in the context of the USA data and recent global empirical evidence.

 

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