[Solved] Which among the following are the major limitations of the H O theorem?

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Q.	Which among the following are the major limitations of the H O theorem?
A.	it explains only a part of the world trade as it ignores trade in differentiated products.
B.	factor endowment is not the sole factor influencing commodity price and international trade.
C.	the theory is empirically proved wrong in the case of u s economy.
D.	all the above.
Answer» A. it explains only a part of the world trade as it ignores trade in differentiated products.

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