ho model

Question 1

what is the key assumption in HO model?

Answer 1

Question 2

Draw the graph for home and foreign shoes and computers ppf curve

Answer 2

Question 3

What is the slope for the graph

Answer 3

Question 4

Write down the labor and market eqm

Answer 4

Question 5

Draw the free trade eqm graph for home

Answer 5

Question 6

Draw the free trade eqm graph for foreign

Answer 6

Question 7

Assumptions for ho model

Answer 7

Question 8

What does ‘ abundant in one factor’ means

Answer 8

Question 9

What’s the relative demand and supply of labor at home

Answer 9

Question 10

Draw the graph for relative demand for labor

Answer 10

Question 11

Show on a graph, what is the effect of an increase in relative price if computers

Answer 11

Question 12

Draw a graph for an increase in relative increase in price of computers w/r against l/k.

Answer 12

Question 13

The effect of trade on MPKc and on MPKs and onMPL of both industry

Answer 13

Question 14

What happened to MPK and MPL of both shoes and computer industry

Answer 14

Question 15

How does rental rate change？

Answer 15

Question 16

Stolper Samuelson theorem

Answer 16