“…It is regularly used by policymakers and academics, (e.g., Hakura, 1994;Tahomy & Mixon, 2003;Romalis, 2004;Bernard et al, 2006;Guscina, 2006;Krugman, 2008;Bajona & Kehoe, 2010;Kukenova, 2011;Ricci & Trionfetti, 2011) and has been subject to extensive empirical testing. (Baldwin 2008;Leamer 1995) Although, and probably because of, its frequent use by the International Financial Institutions and by economists in academia, the Heckscher-Ohlin (HO) model is taught to more than just economist students.…”