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The HeckscherOhlin Theorem
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=BkpCE-t6wO8
This video covers how differences in factor endowments affect trade, as is demonstrated through the Heckscher-Ohlin Theorem. Under some simple assumptions, the models discussed in this video demonstrate that capital-intensive countries will export capital-intensive products, and labor-intensive countries will export labor-intensive products. For more on the models discussed in this video, see the textbook International Trade by Robert Feenstra and Alan Taylor. • International Trade course: http://mruniversity.com/courses/inter... • Ask a question about the video: http://mruniversity.com/courses/inter... • Next video: http://mruniversity.com/courses/inter...
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