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Factor Proportions and the Structure of Trade: HOS-Krugman-DFS Model

Factor Proportions and the Structure of Trade: HOS-Krugman-DFS Model. The HOS Model:. The Explanation of International Trade: Differences across countries in relative abundance of factors of production. Assumptions: Identical Technologies Identical Demand Patterns. Relative Factor

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Abundant factor supply - PowerPoint PPT Presentation

Factor Proportions and the Structure of Trade: HOS-Krugman-DFS Model