Editing User:Jukeboksi/BBA studies/Economics
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 192: | Line 192: | ||
** '''[[w:Heckscher–Ohlin model|Heckscher–Ohlin model]]''' ('''H–O model''') is a [[w:general equilibrium|general equilibrium]] mathematical model of [[w:International economics|international trade]], developed by [[w:Eli Heckscher|Eli Heckscher]] and [[w:Bertil Ohlin|Bertil Ohlin]] at the [[w:Stockholm School of Economics|Stockholm School of Economics]]. It builds on [[w:David Ricardo|David Ricardo's]] theory of [[w:comparative advantage|comparative advantage]] by predicting patterns of commerce and production based on the [[w:Factors of production|factor]] endowments of a trading region. | ** '''[[w:Heckscher–Ohlin model|Heckscher–Ohlin model]]''' ('''H–O model''') is a [[w:general equilibrium|general equilibrium]] mathematical model of [[w:International economics|international trade]], developed by [[w:Eli Heckscher|Eli Heckscher]] and [[w:Bertil Ohlin|Bertil Ohlin]] at the [[w:Stockholm School of Economics|Stockholm School of Economics]]. It builds on [[w:David Ricardo|David Ricardo's]] theory of [[w:comparative advantage|comparative advantage]] by predicting patterns of commerce and production based on the [[w:Factors of production|factor]] endowments of a trading region. | ||
** '''[[w:Heckscher–Ohlin theorem|Heckscher–Ohlin theorem]]''' is one of the four critical theorems of the Heckscher–Ohlin model. It states that a country will export goods that use its abundant factors intensively, and import goods that use its scarce factors intensively. | ** '''[[w:Heckscher–Ohlin theorem|Heckscher–Ohlin theorem]]''' is one of the four critical theorems of the Heckscher–Ohlin model. It states that a country will export goods that use its abundant factors intensively, and import goods that use its scarce factors intensively. | ||
== Week 37 - Modern trade theories, trade policy == | == Week 37 - Modern trade theories, trade policy == |