文档介绍：parative Advantage©,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse*PowerPointslidespreparedby:AndreeaChiritescuEasternIllinoisUniversityFactorEndowmentsFactor-endowmenttheoryHeckscher-OhlintheoryImmediatebasisfortrade:differencebetweenpre-traderelativeproductpricesoftradingnationsPricesdependontheproductionpossibilitiescurvesandtastesandpreferences(demandconditions)inthetradingcountriesProductionpossibilitiescurvesdependontechnologyandresourceendowments©,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse*FactorEndowmentsFactor-parativeadvantageTechnologyResourceendowmentsDemandAssumption:technologyanddemandareapproximatelythesamebetweencountries©,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse*FactorEndowmentsFactor-endowmenttheoryResource-parativeadvantageExporttheproductthatusesalargeamountofitsrelativelyabundantresourceImporttheproductwhichinproductionusestherelativelyscarceresource©,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse*©,scanned,orduplicated,inwholeorinpart,exceptforuseaspermittedinalicensedistributedwithacertainproductorserviceorotherwiseonapassword‐protectedwebsiteforclassroomuse*Producingaircraftandtextiles:©,scanned,orduplic