Concept information
Terme préférentiel
Heckscher-Ohlin theorem
Définition
- The Heckscher-Ohlin model (H-O model) was constructed to understand the role of productive resources in international trade, analyzing an economy in which two goods are produced using two factors of production. It is a general equilibrium model that extends some important results of the comparative advantage theory developed by David Ricardo. [Source: Encyclopedia of Business in Today's World; Heckscher-Ohlin Model]
Concept générique
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-V0HVD16K-Z
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