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Missing trade |
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Missing tradeSee mystery of the missing trade.Similar MatchesMystery of the missing tradeMystery of the missing tradeThe empirical observation, by Trefler (1995), that the amount of trade is far less than predicted by the HOV version of the Heckscher-Ohlin Model. More precisely, the factor content of trade is far less than the differences between countries in their factor endowments. |
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