Answer / parul arora

This theory was propounded by Eli-heckscher(1879-1952) and
later refined by Swedish economist Bertil Ohlin(1899-1979)
in 1933.
Acoording to Ohlin, the differences in the factor prices
are due to the differences in the factor endowments in
different countries and the differences in production
functions for different commodities. Hence Ohlin's theory
can be called factor endowment theory.

ASSUMPTIONS OF THEORY
1.There are 2 countries or regions say X and Y, each having
a free papre currency of producing any two commodities.
2. There are 2 factors of production i.e. labour and
capital.
3. the factors of production are fully mobilewithin each
region of a country while they are rtelatively immobile in
between any two regions or two countries.
4. Competition in all markets.
5. Each factor is fully employed in each country with or
without trade.
6. There are no transportation of information costs.
7. There are no imposed tarrifs or other barriers to trade.
8. All production functions are lineally homogeneous.
9. All production functions are immune to factor intensity
reversals.
10. Both countries produce both goods with or without trade.

List about what is work of logistics supervisor?

0 Answers  

---

can anyone help me out with names of 3 leading 1)logistics companies 2) supply chain companies in the world

0 Answers  

---

1. What is Kitting? 2. What is Bin location? 3. What is the diff between Inside Sales person and Outside Sales person?

0 Answers  

---

Describe the present status of Indian clothing industry in terms of technologyand production.

0 Answers   Mahatma Gandhi University,

---

We are Storage tank Fabricator having SSI unit.Whether we are liable to pay Service tax or not. If yes then what is the exemption for us?

0 Answers  

---

What are the different sectors of the clothing industry?

0 Answers   Mahatma Gandhi University,

---

how to select the mcb and contactor in different ac motors.

0 Answers  

---

What is the process of purchasing materials in manufacturing company ?

0 Answers  

---

What are the most common sources for cGMP

0 Answers  

---

why u have not worked anywhere for 3 years

0 Answers   Aster Teleservices,

---

What are the major problems faced by developing countries in promoting their exports? Suggest some solutions to these problems?

0 Answers  

---

what does OEM mean & Who is an OEM, explain with detailed examples

7 Answers   HCL,

---