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Identical production functions - PowerPoint PPT Presentation

Lezione 2 bis

Lezione 2 bis. Differences in technology. The causes of international trade. Now we start to consider the causes of international trade. We will investigate the economic characteristics underlying the pattern of comparative advantage.

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542 views • 33 slides

4.3 Differentiated products

4.3 Differentiated products. Vertical differentiation: different qualities Horizontal differentiation: equal qualities, but consumers perceive relevant differences. Models: Love of variety : representative consumer prefers n varieties to n goods of the same variety.

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349 views • 18 slides

The Heckscher-Ohlin-Samuelson Theorem

The Heckscher-Ohlin-Samuelson Theorem. ECN 3860 International Economics Dr. Ali Moshtagh. The Classical and Neo-Classical Models of International Trade.

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1.21k views • 12 slides

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Identical production functions - PowerPoint PPT Presentation

Lezione 2 bis

4.3 Differentiated products

The Heckscher-Ohlin-Samuelson Theorem