International trade theory: Revision history

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4 December 2024

  • curprev 08:5208:52, 4 December 2024 imported>GlobalMindSphere 27,487 bytes +27,487 Many countries, many goods: clarity — Major difference with H-O model that this Ricardian model assumes different technologies. → The major difference with the Heckscher-Ohlin (H-O) model is that the Ricardian model assumes different technologies.