Heckscher-Ohlin's Factor Endowment Theory

Factor Endowment Theory: Meaning, Assumptions, and Criticisms

Heckscher-Ohlin’s Factor Endowment Theory Heckscher-Ohlin’s Factor Endowment Theory also called Heckscher-Ohlin Model, H-O Model, Factor Endowment Theory, and Factor Proportion Theory is an economic as well as international trade theory that states that a nation should produce and export products for which factors of production the country is rich. Factor endowment refers to the richness, …

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