(a) Explain how more recent research tried to verify the H–O model.
(b) Explain the results of these more recent empirical tests.
(c) What general conclusion can be reached with respect to the utility and acceptance of the H–O model?
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(a) Explain how more recent research tried to verify the H–O model.
(b) Explain the results of these more recent empirical tests.
(c) What general conclusion can be reached with respect to the utility and acceptance of the H–O model?