Heckscher - Ohlin Theory | International Economics

The Heckscher - Ohlin theory is an important concept of International economics. The classical theory and the traditional comparative cost advantage theory has come to be replaced by the H-O theory also known as the Factor-Price equalization theory. The H-O theory makes an attempt to go deeply in the causes that lead to differences in comparative cost advantage due to which international trade between any two countries takes place. THANK YOU for watching! Links for my other videos Public Finance :    • Meaning, Nature, Scope and Importance...   Multinational corporations :    • MULTINATIONAL CORPORATIONS - Meaning,...   #Hotheory #Internationaleconomics #Economics #Mastereconomics