What does Heckscher-Ohlin Model mean?
An economic theory that proposes that countries export what they can most easily and abundantly produce.
The Heckscher-Ohlin Model predicts that countries will export products that use their abundant and cheap factors of production and import products that use their scarce factors.
Heckscher-Ohlin Model in German, French, Spanish and Italian
GermanHeckscher-Ohlin-Modell
Theorie über den Außenhandel basierend auf Faktorverfügbarkeit.
FrenchModèle Heckscher-Ohlin
Modèle expliquant le commerce international par l'abondance relative des facteurs.
SpanishModelo de Heckscher-Ohlin
Teoría que explica el comercio internacional según la dotación de factores de cada país.
ItalianModello di Heckscher-Ohlin
Modello che spiega il commercio internazionale in base alla dotazione dei fattori produttivi.
Synonyms and opposites for Heckscher-Ohlin Model
- Synonym H-O model