Lesson 10 of 14 • 2 upvotes • 13:16mins
The lesson will discuss the HOS theory and will prove the relative returns. Then, stopler Samuelson theorem will be discussed. Learners will be able to relate Stopler samuelson theorem with HOS theory.
14 lessons • 2h 55m
Syllabus and Strategy Economics mains. Paper-1.
Law of Comparitive Advantage and Absolute Advantage
Current International Economic Problems and Challenges
Comparitive Advantage & Opportunity Cost : Haberler
Trade Restrictions (Tariff) and Partial Equilibrium Analysis
Stopler Samuelson Theorem and General Equilibrium Analysis of Tarrif
Non tariff trade barriers and New Protectionism.
World Trade organization
Heckscher ohlin theory (H-O Theory)
H-O-S Theory. Factor Price equalization theorem.
Uruguay Round : Objectives and outcome
Economic Integration: Custom Unions
Trade creating effects of custom union
Trade diverting effect of Custom Union.