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gptkbp:instanceOf
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gptkb:economic_policy
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gptkbp:alsoKnownAs
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gptkb:H-O_model
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gptkbp:assumes
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perfect competition
constant returns to scale
identical technology across countries
no trade barriers
no transportation costs
two countries
two factors of production
two goods
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gptkbp:basisFor
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gptkb:Heckscher-Ohlin_theorem
gptkb:Leontief_paradox
gptkb:Rybczynski_theorem
gptkb:Stolper-Samuelson_theorem
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gptkbp:criticizedFor
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gptkb:Leontief_paradox
empirical failures
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gptkbp:describes
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gptkb:treaty
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gptkbp:explains
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patterns of trade
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gptkbp:factorsOfProduction
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gptkb:city
labor
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gptkbp:field
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international economics
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https://www.w3.org/2000/01/rdf-schema#label
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Heckscher-Ohlin model
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gptkbp:influenced
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modern trade theory
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gptkbp:predicts
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countries export goods that use their abundant factors intensively
countries import goods that use their scarce factors intensively
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gptkbp:proposedBy
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gptkb:Bertil_Ohlin
gptkb:Eli_Heckscher
|
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gptkbp:relatedTo
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comparative advantage
factor endowments
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gptkbp:yearProposed
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1933
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gptkbp:bfsParent
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gptkb:Bertil_Ohlin
gptkb:New_Trade_Theory
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gptkbp:bfsLayer
|
5
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