The Heckscher-Ohlin Theorem

This video covers how differences in factor endowments affect trade, as is demonstrated through the Heckscher-Ohlin Theorem. Under some simple assumptions, the models discussed in this video demonstrate that capital-intensive countries will export capital-intensive products, and labor-intensive countries will export labor-intensive products. For more on the models discussed in this video, see the textbook "International Trade" by Robert Feenstra and Alan Taylor.
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[@tayeo9314]

Thanks video
gave more clarity than some lectures with so called Dr. titles

[@wasixsunil]

00:04 Heckscher-Ohlin theorem is about factor endowments shaping trade content.
01:10 Heckscher-Ohlin Theorem Assumptions
02:12 Consumer tastes are identical across countries, and do not vary with income.
03:11 Home country has to give up computers to get more shoes due to difficulty in producing shoes.
04:09 Trade can lead the home country to produce at a different point on its PPF.
05:03 Home country exports capital-intensive goods.
06:03 Trade leads to production at a higher level of satisfaction.
06:57 Heckscher-Ohlin theorem: Different countries export goods based on their resource endowments.

[@thatomanamela1015]

I get u..in my understanding the theorem is there to tell us that a country will likely to produce wht it has more..

[@fufu3539]

Been watching since the most recent. Still hoping to finish!

[@florinajoels3630]

I liked your class... It gave me a brief idea about the theorem.

[@mansiagrawal2763]

laude ka idea

[@HossianBakeSalarpour]

very good explaining

[@andreskupervaser-gould7112]

The PPF is curved because of the Diminishing Returns to scale correct? If the returns had been constant, you would have had “corner results” and each country would specialize completly on the good where they have the comparative advantage.
Is this correct?

[@kevins6732]

exactly

[@asmaO7]

I slept while he was talking

[@sg7031]

helpful, thank you

[@zzz7408]

brilliant. thank you

[@faisalalalawi]

Thanks

[@marleneirene23]

thank youuu!

[@leselimakhudu2767]

Especially astute

[@ayeshafathima5554]

The thesis is well explained

[@panchaliwedage7479]

😍

[@stan5250]

Give up producing computers, make shoes, make customer's satisfaction deeper.

[@bengtake5041]

I don't understand.

[@Gator115]

Capital intensive countries produce CAPITAL intensive products. Ie- computer software companies will produce computer software
as opposed to a labor intensive country only uses LABOR intensive products because they lack capital. ie- shoemakers.

[@itsm3dud39]

Is this the complete hecksher ohlin theory?

[@valiytora6094]

Not complete one. You may spend 1-2 hours on explaining it.

[@johnblah1040]

This is basically the summary I believe.

[@pulltheskymusicgroup4475]

🇹🇿🤣

[@pulltheskymusicgroup4475]

🇹🇿🤣