Heckscher-Ohlin Theory

Heckscher-Ohlin Theory: A Fundamental International Trade Model
The Heckscher-Ohlin Theory explains international trade patterns based on a country's factor endowments, predicting that nations will export goods that utilize their abundant resources.
Leontief Paradox: Contradiction in International Trade Theory
An observation in international trade that contradicts the Heckscher-Ohlin theory, suggesting that a country does not always export goods that use its abundant factors intensively.

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