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Trade and Resources The Heckscher-Ohlin model

Trade and Resources The Heckscher-Ohlin model. Dr. Petre Badulescu. Introduction. This lecture outlines the Heckscher-Ohlin model , a model that assumes that trade occurs because countries have different resources. Our first goal is to describe the Heckscher-Ohlin (HO) model of trade.

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Foreign import demand - PowerPoint PPT Presentation

Trade and Resources The Heckscher-Ohlin model