Economy, asked by zoriashakhan, 4 months ago

according to HO model the source of comparative is countrays

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Answered by naveenjoshi01974
1

The Heckscher-Olin Model is an equilibrium model of international trade that builds on David Ricardo's theory of comparative advantage. The model demonstrates that a country will have a comparative advantage in producing goods that are intensive in the factor with which it is relatively abundant

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