ch04 Resources and Trade The Heckscher-Ohlin Model 克鲁格曼国际经济学第六版英文教学课件.pptVIP

Chapter Organization Introduction A Model of a Two-Factor Economy Effects of International Trade Between Two-Factor Economies Empirical Evidence on the Heckscher-Ohlin Model Summary Appendix: Factor Prices, Goods Prices, and Input Choices Introduction In the real world, while trade is partly explained by differences in labor productivity, it also reflects differences in countries’ resources. The Heckscher-Ohlin theory: Emphasizes resource differences as the only source of trade Shows that comparative advantage is influenced by: Relative factor abundance (refers to countries) Relative fact