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Full employment factor prices - PowerPoint PPT Presentation

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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486 views • 28 slides

Relative Supply of Factors of Production and International Trade (Heckscher-Ohlin Model)

Relative Supply of Factors of Production and International Trade (Heckscher-Ohlin Model). The Explanation of International Trade: Differences across countries in relative abundance of factors of production. Assumptions: Identical Technologies Identical Demand Patterns. Factor Intensity.

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352 views • 12 slides

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Full employment factor prices - PowerPoint PPT Presentation

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

Relative Supply of Factors of Production and International Trade (Heckscher-Ohlin Model)