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MENTAL MODEL · M3227

Heckscher-Ohlin Model

Heckscher-Ohlin Model
BusinessHigh supportEconomics
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Version 1.0.0 · Updated 2026-07-31

CORE DEFINITION

A trade theory model proposed by Eli Heckscher and Bertil Ohlin, which posits that countries should export products that intensively use their relatively abundant factors and import products that intensively use their relatively scarce factors. Differences in factor endowments are the basis of international trade.

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Explanation of trade patterns. It provides a theoretical framework for understanding the factor basis of international trade, explaining why different countries specialize in producing and exporting different types of goods. It is one of the cornerstones of modern international trade theory.

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The Heckscher-Ohlin model (H-O) holds that countries export products that intensively use their abundant factors and import products that intensively use their scarce factors; trade patterns are determined by differences in factor endowments rather than technology. It is the core of neoclassical trade theory.

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Source support: Explicit

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    zh.wikipedia.orghttps://zh.wikipedia.org/wiki/%E8%B5%AB%E5%85%8B%E6%AD%87%E7%88%BE-%E5%A5%A7%E6%9E%97%E6%A8%A1%E5%9E%8BZH · Explicit
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