The necessary and sufficient conditions for the factor price equalisation in the Heckscher-Ohlin model is
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4 marks, −1International EconomicsTheories of international tradeFactor price equalisation and the Stolper-Samuelson theoremModerateabout 2 min
JNU SIS 2011 Question 11: Theories of international trade
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What this question tests
This question is on Factor price equalisation and the Stolper-Samuelson theorem, part of Theories of international trade in International Economics.
How trade changes returns to factors and whether it equalises them across countries.
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