We have export and import data of a country for the last two years.  In addition, let's assume that we have the list of the most exported goods along with the countries that this country exports and imports to.  How do we know if the trade pattern of this country is compatible with the comparative advantage theory? Also, what data do we need if we want to assess whether this country's trade pattern can be explained by the Hecksher-Ohlin theory?

Exploring Economics
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ISBN:9781544336329
Author:Robert L. Sexton
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Chapter28: International Trade
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We have export and import data of a country for the last two years.  In addition, let's assume that we have the list of the most exported goods along with the countries that this country exports and imports to.  How do we know if the trade pattern of this country is compatible with the comparative advantage theory?

Also, what data do we need if we want to assess whether this country's trade pattern can be explained by the Hecksher-Ohlin theory?

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