Talk:Comparative advantage

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 Definition:  The motive for trade that arises from the fact that for each trader there are things that he does best, and things that he can better obtain by trading. [d] [e]
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 Workgroup category:  Economics [Categories OK]
 Talk Archive:  none  English language variant:  British English

The Heckscher-Ohlin model

It doesn't seem right to mention the Hecksher-Ohlin model without noting that the United States (the world's most capital-intensive country) was since found to be exporting labour-intensive products and importing capital-intensive products. Since it seems to be generally accepted nowadays that factor endowments have no more than a minor influence upon trade patterns, is it worth mentioning Hecksher-Ohlin at all? Nick Gardner 10:34, 13 November 2007 (CST)
I think we need to mention the H-O-S model as something which is now looking rather irrelevant or even wrong. This is because many courses still teach it, and people will ask why it is not discussed here...--Martin Baldwin-Edwards 11:29, 13 November 2007 (CST)

Revised Article

I think that I have said all that is needed on this subject, but I am open to correction.
I considered adding something on Samuelson-Stoper and much more on factor mobility, but decided that those topics would be better dealt with in the (unwritten) article on international economics.

Nick Gardner 09:30, 22 December 2007 (CST)

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