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18 September, 18:25

According to the heckscher-ohlin theorem, trade arises are due to

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  1. 18 September, 20:12
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    According to the heckscher-ohlin theorem, trade arises are due to Differences in relative factor endowments and intensities.

    Differences in relative factor endowments and intensities will create a different in prices between one nation and another. This difference will create a leverage for each nation to trade with one another in order to use their resource more efficiently.
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