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International Trade Chapter 4

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Presentation on theme: "International Trade Chapter 4"— Presentation transcript:

1 International Trade Chapter 4
Robert C. Feenstra and Alan M. Taylor International Trade Second Edition Chapter 4 Trade and Resources: The Heckscher-Ohlin Model Copyright © 2011 by Worth Publishers

2 Figure 4.1 Labor Intensity of Each Industry Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

3 Figure 4.2 No-Trade Equilibria in Home and Foreign Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

4 Figure 4.3 International Free-Trade Equilibrium at Home Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

5 Figure 4.4 International Free-Trade Equilibrium in Foreign Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

6 Figure 4.5 Determination of the Free-Trade World Equilibrium Price Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

7 Table 4.1 Leontief’s Test Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

8 Figure 4.6 Country Factor Endowments, 2000 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

9 Figure 4.7 “Effective” Factor Endowments, 2000 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

10 Table 4.2 U.S. Food Trade and Total Agricultural Trade, 2000–2009 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

11 Figure 4.8 Labor Endowment and GDP for the United States and Rest of World, 1947 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

12 Figure 4.9 Labor Productivity and Wages Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

13 Figure Determination of Home Wage/Rental Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

14 Figure Increase in the Price of Computers Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

15 Figure Effect of a Higher Relative Price of Computers on Wage/Rental Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

16 Table 4A.1 Factor Content of Trade for the United States, 1947 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers

17 Table 4A.2 The Sign Test for 33 Countries with Differing Technologies, 1990 Feenstra and Taylor: International Trade, Second Edition Copyright © 2011 by Worth Publishers


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