[International Trade] Heckscher Ohlin Model | Part 1 |Meaning &Comparison with Ricardian Model |18 |

[International Trade] Heckscher Ohlin Model | Part 1 |Meaning &Comparison with Ricardian Model |18 |
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This video discusses :
1. Meaning of HO Model
2. Comparison of HO Model with Ricardian Model
(REFERENCE : Krugman Chapter 5)
This is useful for those who are preparing
1) Intermediate Microeconomics Course in their semesters
2) UGC Net Economics
3) Basics of MA Economics Entrance Exam (DSE/ISI/JNU/IGIDR/MSE)
4) Indian Economic Services
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For any course related query please call 9999886629
or visit nishantmehra.com for IAS Economics Optional/ Indian Economic Services/ UGC Net Economics
or visit Ecopoint.in for MA Economics Entrance Coaching

[@yongtaiang5979]

thank you sir, you already can be my lecturer!

[@shanmohammad4193]

Thank you very much sir for providing such quality content!!🙏🙏

[@keshavgoyal7989]

thankyou so much sir your videos are really helpful tomorrow is my exam and I have covered everything from your video so I'm really confident for my exam

[@nishantmehraecopoint]

All the best beta

[@Irelesssoul254]

Superb

[@TulsidasKhan09]

Wonderfully explained. Thank you.

[@kanhaiyagupta8485]

Thank you Sir!🙏🙏

[@SpaceThings274]

Sir thank you very much for this lecture but where is part 2 of this chapter?

[@ahherng9822]

Part 2: th-cam.com/video/pOkf_Jo3kDY/w-d-xo.html

[@shaheermubarik2623]

Thank you sir

[@BB-fp9ce]

how is the price determined in this model ? why will the price of food be lower than the price of steel in India ?

[@lonemaven]

He said it in the video. India is a labor-abundant country so it produces more food which is labor-intensive than steel which is capital-intensive. Since it produces more food, the supply of food is higher leading to a lower price relative to the price of steel (imagine a downward shift in the supply curve of food).

[@BB-fp9ce]

@@lonemaven Thanks for the answer