Slide 1Superstar Firms in International Trade J. Peter Neary University of Oxford and CEPR 12 September 2011 Slide 2 2 1. Introduction Two and a Half Theories of Trade: 1.0:…
Factor Endowment Theory * (Heckscher-Ohlin Model) * Eli Filip Heckscher (1879-1952) Heckscher worked so hard in his life, till 1949, he had published 1148 books and articles,…
Slide 1 1 Chapter 5 The Theory of Trade and Investment Slide 2 2 Learning Objectives To understand the traditional arguments of how and why international trade improves the…