Question
I feel using the Heckscher-Olin Model developed by Eli Heckscher and Bertil Olin that countries would export good that they have an abundance of and
I feel using the Heckscher-Olin Model developed by Eli Heckscher and Bertil Olin that countries would export good that they have an abundance of and import products that are low or scarce the Trans-Pacific Partnership (TPP) would violate this theory. The theory would be violated in some case in my opinion because some countries would have no issues trading let say Sugar due to an abundance but when another country needs salt, they could not get it because it could be not in the interest of another country. This to me is the danger of the TPP and the risk of reciprocal demand could occur even when countries are in this so-called Free trade deal of the TPP. Why do you agree or disagree with this statement?
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