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The Heckscher-Ohlin Model

The Heckscher-Ohlin Model. Appleyard & Field (& Cobb): Chapters 8 & 9 (Krugman & Obstfeld: Chapter 3 & 4). Assumptions of the Heckscher-Ohlin-(Samuelson)-Model. Two countries, two (homogeneous) goods and two (homogeneous) factors of production

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The Heckscher-Ohlin Model