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Eco 354
International Economics

Eshragh Motahar
Spring 2024

Office Hours:  Tuesdays and Thursdays, 4:00-5:30, and by appointment.  Telephone:  388-6065.  E-mail:  motahare@union.edu

 

Resources and Trade:

The Heckscher-Ohlin Model

 

• the Heckscher-Ohlin Model:  a model of a two-factor economy

• factor-price equalization

• income distribution and gains from trade

• the political economy of trade policy

• empirical evidence regarding the Heckscher-Ohlin model
 

  Check the summary and key terms at the end of each chapter. Also, do the problems at the end of each chapter.
 

Reading Assignment

Textbook and MyEconLab: Chapter 5 (the appendix is optional). (Recall that the textbook is required, while MyEconLab is optional.)

 

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