The specific factors model and the Heckscher- Ohlin model are both suitable to analyze winners and losers from trade. b1) What is the main difference between both models with respect to the time horizon? b2) What is the main difference between both models with respect to the factor mobility?

The specific factors model and the Heckscher- Ohlin model are both suitable to analyze winners and losers from trade. b1) What is the main difference between both models with respect to the time horizon? b2) What is the main difference between both models with respect to the factor mobility?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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