Legal Theory
The Heckscher-Ohlin Endowment Theory
Introduction: The Heckscher-Ohlin model is an economic theory also known as the H-O model or 2×2×2 model. The theory is used to evaluate trade between two countries or states. This theory contains four critical theorems. Those are: Endowment theorem Factor Price Equalization Stolper- Samuelson theorem Rybczynski theorem Heckscher-Ohlin Endowment Theory Read more…