Question: Explain the Heckscher-Ohlin model. Assume that there is a labor abundant foreign contry (like Vietnam) and a capital abundant home country (like the U.S.) and

Explain the Heckscher-Ohlin model. Assume that there is a labor abundant foreign contry (like Vietnam) and a capital abundant home country (like the U.S.) and two products: roboots (a capital-intensive good) and clothes (a labor-intensive good). se graphs to show and explain how a tariff imposed by the foreign country affects the production of robots and clothes in both countries.

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