ect ction of Trade a

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter9: Reaching Global Markets
Section: Chapter Questions
Problem 10DRQ
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Question
5
Below is a list of Products and Countries who are engaged in Export and Import of
these products. Identify the Direction of Trade and Explain how or why the Hecksher-
Ohlin theory of Trade can be used to justify such pattern: (Hint: Use comparative Cost
advantage arguments)
India Ex/Imp
Bangladesh
US
Products
Brazil
Tractor
EXP
IMP
IMP
EXP and IMP
Sugar
EXP and IMP
EXP
IMP
IMP
Shirts
EXP and IMP
IMP
EXP
IMP
Planes
IMP
IMP
IMP
EXP
Coffee
IMP
EXP
IMP
IMP
Transcribed Image Text:Below is a list of Products and Countries who are engaged in Export and Import of these products. Identify the Direction of Trade and Explain how or why the Hecksher- Ohlin theory of Trade can be used to justify such pattern: (Hint: Use comparative Cost advantage arguments) India Ex/Imp Bangladesh US Products Brazil Tractor EXP IMP IMP EXP and IMP Sugar EXP and IMP EXP IMP IMP Shirts EXP and IMP IMP EXP IMP Planes IMP IMP IMP EXP Coffee IMP EXP IMP IMP
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