Within the Heckscher-Ohlin framework, complete factor price equalization cannot be achieved in the presence of transportation costs.

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“Within the Heckscher-Ohlin framework, complete factor price equalization cannot be achieved in the presence of transportation costs.” Agree? Disagree? Explain.

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:21 AM

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Within the Heckscher-Ohlin framework, complete factor price equalization cannot be achieved in the presence of transportation costs.

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This statement is correct because complete factorprice equalization can take plac...View the full answer

International Economics

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