Heckscher-Ohlin model

Definitions

Economics

  • noun a model of a country’s international trade, which shows that a country will export goods which make use of the factors of production it has in abundance and import goods which use factors of production which are scarce
  • abbreviationH-O Model
    (written as Heckscher-Ohlin Model)
  • Heckscher-Ohlin Model.
http://www.dictionarycentral.com/definition/heckscher-ohlin-model.html