Fourth Edition：第四版.pptVIP

Heckscher (1919)-Olin (1933) Theory Export goods that intensively use factor endowments which are locally abundant. 4-20 McGraw-Hill/Irwin ? 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Heckscher (1919)-Olin (1933) Theory Export goods that intensively use factor endowments which are locally abundant. Corollary: import goods made from locally scarce factors. 4-20 McGraw-Hill/Irwin ? 2003 The McGraw-Hill Companies, Inc., All Rights Reserved. Heckscher (1919)-Olin (1933) Theory Patterns of trade are determined by differences in factor endowments - not productivity. Remember, f