Heckscher Ohlin Theory International Economics











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The Heckscher - Ohlin theory is an important concept of International economics. The classical theory and the traditional comparative cost advantage theory has come to be replaced by the H-O theory also known as the Factor-Price equalization theory. • The H-O theory makes an attempt to go deeply in the causes that lead to differences in comparative cost advantage due to which international trade between any two countries takes place. • THANK YOU for watching! • Links for my other videos • Public Finance :    • Meaning, Nature, Scope and Importance...   • Multinational corporations :    • MULTINATIONAL CORPORATIONS - Meaning,...   • #Hotheory • #Internationaleconomics • #Economics • #Mastereconomics

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