Factor Endowment Theory HeckscherOhlin model and PPF Carbaugh Figure 31
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=ZbOHzKMjsDI
This video illustrates the factor endowment theory, (aka the Heckscher-Ohlin model) and how countries with different endowment can both benefit from trade.
factor endowment theory, HO model, Heckscher-Ohlin model, capital labor ratio, capital intensive, labor intensive, labor abundant, capital abundant, international trade
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