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5 September, 21:06

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

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  1. 5 September, 21:34
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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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