Discuss the hechscher-ohlin model, International Economics

Assignment Help:

Q. Countries that are willing to tolerate an unusually high quantity of pollution relative to their supplies of other factors would leads to export "pollution-intensive" goods. Discuss using the Hechscher-Ohlin (H.O.) model.

Answer: This statement is deficiently crafted. It appears to imply that pollution per say is a proper factor of production. Namely, just like if you add a worker, you obtain additional product, thus the marginal product of pollution is positive. The trouble here is that pollution isn't really a factor of production, but somewhat an externality, which may perhaps be more typical of imported goods than exported ones. In such a case that, the above statement is false.


Related Discussions:- Discuss the hechscher-ohlin model

Economic reasoning behind this behaviour, In this year, the Bank of Canada ...

In this year, the Bank of Canada raised the target for overnight rate consistently and continuously.  The rate changes are as follows: Date Target (%)

Discuss main factors affecting position of the dd schedule, Q. Disc...

Q. Discuss the main factors affecting the position of the DD schedule. Answer: The level of government taxes, demand, and investment and the domestic and foreign price

Present the case against floating exchange rates, Q. Present the case again...

Q. Present the case against floating exchange rates. Answer: 1.The discipline obligatory on individual countries by a fixed rate would be lost. 2. Undermine specu

Haberlor''s opportunity cost theory in hindi, please explane haberlor''s op...

please explane haberlor''s opportunity cost theory in hindi in simple language

Factor - proportions theory of international trade, Q. Why is it that Nort...

Q. Why is it that North-South trade in manufactures look to be consistent with the results or expectations generated by the factor-proportions theory of international trade, where

Manage the translation risk of your multinational enterprise, Question : ...

Question : (a) Differentiate between Transaction, economic risk and Translation risk in foreign exchange market. (use an illustrative and numerical example in each case. (b)

Coordination of monetary policies and greater exchange rate, Q. What prompt...

Q. What prompted the EU countries to seek closer coordination of monetary policies and greater exchange rate stability in the late 1960s? Answer: 1. To improve Europe's role

Explain the partial globalization of international finance, Explain the Par...

Explain the Partial Globalization of International Finance

Explain effects of change in u.s. expected inflation, To answer the followi...

To answer the following question, please refer to the figure below. Concentrating only at the lower right quadrant, discuss the effects of a change in U.S. expected inflation.

Title..Haberler''s theory of oppotunity cost, Explain about constant,increa...

Explain about constant,increasing and decreasing opportunity cost

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd