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The Production Possibility Frontier (Fixed Proportions)
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The Rybczynski Theorem
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The Magnification Effect for Quantities
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The Stolper-Samuelson Theorem
Figure 5.4. Zero Profit Lines in Clothing and Steel
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Figure 5.5. Graphical Depiction of Stolper-Samuelson Theorem
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The Production Possibility Frontier (Variable Proportions)
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Figure 5.6. The PPF in the Variable Proportions H-O Model
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The Heckscher-Ohlin Theorem
Learning Objectives Learn the Heckscher-Ohlin theorem highlighting the determinants of the pattern of trade. Identify the effects of trade on prices and outputs using a PPF diagram.
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Endowment Differences and the PPF
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Depicting a Free Trade Equilibrium in the Heckscher-Ohlin Model
Learning Objective Learn how to depict a free trade equilibrium on a PPF diagram in the Heckscher-Ohlin (H-O) model.
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Free Trade Equilibria in an H-O PPF Diagram
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FIGURE 5-1 Factor Intensities for Commodities X and Y
in Nations 1 and 2. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.
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FIGURE 5-2 The Shape of the Production Frontiers of
Nation 1 and Nation 2. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.
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FIGURE 5-3 General Equilibrium Framework of the
Heckscher-Ohlin Theory. Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.
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FIGURE 5-4 The Heckscher-Ohlin Model.
Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.
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FIGURE 5-5 Relative Factor-Price Equalization.
Salvatore: International Economics, 7th Edition © 2001, John Wiley & Sons, Inc.
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National Welfare Effects of Free Trade in the Heckscher-Ohlin Model
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The Distributive Effects of Free Trade in the Heckscher-Ohlin Model
วัตถุประสงค์ Learn how income is redistributed between factors of production when adjusting to free trade.
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Factor-Price Equalization
Learning Objective Understand the relationship between wages and rents across countries in H-O model.
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The Distributive Effects of Free Trade in the H-O Model
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ภาพรวม : ปัจจัยที่สามารถเคลื่อนย้ายได้
ปัจจัยที่สามารถเคลื่อนย้ายภายในประเทศ(Domestic Factor Mobility) The Immobile Factors Model-Assumptions Immobile Factor : Production Assumptions The Production Possibility Frontier in the Immobile Factor Model
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ภาพรวม : ปัจจัยที่สามารถเคลื่อนย้ายได้
The Immobile Factor Model (โมเดลปัจจัยที่เคลื่อนย้ายไม่ได้)
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Depicting a free Trade Equilibrium in the Immobile Factor Model
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Production and Consumption Efficiency Gains from Free Trade
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The Specific Factor Model: Overview
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Specific Factor Model—Single-Firm Equilibrium
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Specific Factor Model—Factor Payments
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Specific Factor Model—Mussa Diagram
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Effects of a Price increase
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Dynamic Income Redistribution and Trade
Learning Objective Integrate the results of income redistribution from three separate models: the immobile factor model, the specific factor (SF) model, and the Heckscher-Ohlin (H-O) model.
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Short-Run Factor Income Effects of Trade Liberalization
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Medium-Run Factor Income Effects of Trade Liberalization
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Long-Run Factor Income Effects of Trade Liberalization
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Dynamic Export-Capital Income Effects of Trade Liberalization
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Dynamic Import-Capital Income Effects of Trade Liberalization
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Dynamic Export-Labor Income Effects of Trade Liberalization
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Economies of Scale
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6.1. Unit-Labor Requirement with Economies of Scale
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Gains from Trade with Economies of Scale: A Simple Explanation
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Monopolistic Competition
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The Costs and Benefits of Free Trade under Monopolistic Competition
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