it 's the HeckscherOhlin Model, that 's all the info I have Theanswer...

it's the Heckscherâ€“Ohlin Model, that's all the info I have. The answer can be general, thank...

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Economics

it's the Heckscherâ€“Ohlin Model, that's all the info I have. Theanswer can be general, thank you!
Use the shoe and computer example from the lecture notes, withshoe production using labor intensively and computer productionusing capital intensively. Examine the long-run impacts following anatural disaster that decreases the foreign country's populationon
a) factor prices in the foreign country
b) production in the foreign country
what happens to the rentals on land and capital in the longrun?

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Here the labor intensive product is shoe and the capital intensive product is computer Due to a natural disaster the population of a foreign country decreases A reduction in the population of a country would See Answer

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