Classical models of trade - The heckscher-ohlin model: factor endowments
5 important questions on Classical models of trade - The heckscher-ohlin model: factor endowments
What is the difference between Ricardian model and HO model?
When is home land abundant?
And when is home labor abundant?
What is factor intensity?
Why are the opportunity cost not constant in the HO model?
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How to determine opportunity costs HO model?
opportunity costs are going to decrease
What is the Rybcznski theorem?
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