Factor Price Equalization

Course Outline

International Trade

Course (61 videos)

Factor Price Equalization

To what extent does trade bring returns to labor and capital closer together across nations? This video covers how trade equalizes factor prices and what this means for the price of goods. The video also discusses the Heckscher-Ohlin Theorem, the Stolper-Samuelson Theorem, and the "magnification effect."

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