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Title: The assumption of diminishing returns in the Heckscher-Ohlin model means that, unlike in the Ricardi Post by: Chako on Mar 11, 2016 The assumption of diminishing returns in the Heckscher-Ohlin model means that, unlike in the Ricardian model, it is likely that
A) global production will decrease under trade. B) countries will benefit from free international trade. C) comparative advantage will not determine the direction of trade. D) countries will consume outside their production possibility frontier. E) countries will not be fully specialized in one product. Title: Re: The assumption of diminishing returns in the Heckscher-Ohlin model means that, unlike in the Ric Post by: machukian on Apr 20, 2016 Content hidden
Title: Re: The assumption of diminishing returns in the Heckscher-Ohlin model means that, unlike in the Ricardi Post by: Chako on Apr 25, 2016 Makes a lot of sense, and you're right.. I appreciate the input
Title: Re: The assumption of diminishing returns in the Heckscher-Ohlin model means that, unlike in the Ricardi Post by: machukian on May 11, 2016 Good luck
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