Please give a detailed explanation of the question. Answering more than 125 words will be great. Thanks 1. State the sig

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answerhappygod
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Please give a detailed explanation of the question. Answering more than 125 words will be great. Thanks 1. State the sig

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Please give a detailed explanation of the question. Answering
more than 125 words will be great. Thanks
1. State the significance of the assumptions of similar production
technology used by the trading nations and
perfectly competitive markets in the HO (Heckscher–Ohlin model)
model.
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