Order the answer to: A difference in factor endowments will cause the production frontiers

Assignment Help business economics Order the answer to: A difference in factor endowments will cause the production frontiers

business economics

Order the answer to: A difference in factor endowments will cause the production frontiers

Question A difference in factor endowments will cause the production frontiers of two nations to be shaped differently.
(a) What else could cause their production frontiers to have different shapes?
(b) What assumption made by Heckscher and Ohlin prevented this in the Heckscher–Ohlin model?
(c) What are other possible causes of a difference in relative commodity prices between the two nations in the absence of trade?
Subject business economics
Ready to try a high quality writing service? Get a discount here